Friday, 22, November, 2024
Friday, 22, November, 2024
A wind farm project implementation agreement was signed on May 3 between the Ministry of Energy of Uzbekistan, the Ministry of Investment and Foreign Trade and the Saudi energy company ACWA Power, the Ministry of Energy said in a statement.
Uzbekistan’s economic growth is expected to rebound this year and in 2022 as industry, services, and investments recover following the coronavirus disease (COVID-19) pandemic, but the risks remain of a protracted pandemic and uncertainty abroad, according to a new Asian Development Bank (ADB) report.
The new railway will be built between Samarkand province and Penjikent. Talks were held between officials of the ministries of transport of Uzbekistan and Tajikistan in Dushanbe. The parties discussed the development of cooperation in the transport sector, in particular, of the Penjikent (Tajikistan) - Bulungur/Jambay (Uzbekistan) railway project, Sputnik reported.
The Senate at the 14th plenary meeting on April 24 approved the amendments to the Tax Code which lifting VAT for a number of food items.
Uzbekistan's central bank will resume gold sales when it feels the price of the metal is peaking, the deputy chairman Behzod Khamraev told Reuters.
Around the clock shopping high streets and centers will be set up in Uzbekistan, the President Mirziyoyev announced at the gov’t meeting on the development of the service sector in provinces.
The Dutch company Stone City Energy will build a thermal power plant in the Surkhandarya province. An electricity purchase agreement from the future thermal power plant was signed on April 19, the Ministry of Energy said.
The Uzbek economy is trying to return to pre-pandemic figures. This was reflected in 14%GDP growth compared to the Q1 of the last year.
Uzbekistan Airways, Uzavtosanoat, Uzbekneftgaz, 5 banks and 3 major metallurgical plants are scheduled to hold IPOs before 2024.
Vesti on Saturday TV channel prepared a story "The ties between Russia and the new Uzbekistan , at which, the founder and main shareholder of USM Holdings, Alisher Usmanov, expressed his opinion on the reforms in Uzbekistan.
Today, April 10, near the Zhibek Zholy checkpoint on the Uzbek-Kazakh border, the Prime Ministers of Uzbekistan Abdulla Aripov and Kazakhstan Askar Mamin held talks and attended the ceremony of laying the capsule at the construction site of the International Center for Trade and Economic Cooperation (ICTEC) "Central Asia".
The transformation office for reforming the Uzavtosanoat and its structural enterprises launched its operations. The office was set up in accordance with the Jan. order of the President of Uzbekistan and was formed jointly with the Boston Consulting Group (BCG), the company said in a statement.
On April 8, Deputy PM/ Minister of Investment and Foreign Trade Sardor Umrzakov met with Minister of Trade of Turkey Ruhsar Pekcan.
Agreements on the implementation of US$ 2.2 billion worth of 33 projects with the Russian investments were reached at the first international industrial exhibition INNOPROM held in Tashkent, the press center of the event reported.
Surhan Gas Chemical Operating Company, VEB.RF and Gazprombank have signed basic indicative financial terms for the implementation of the Mustakillikning 25 Yilligi (M-25) gas field exploration and development project in Uzbekistan, the VEB.RF press service said.
The Ministry of Energy and Phanes Group signed a photovoltaic plant investment agreement (PVP) in Nurata district of the Navoi province, the Ministry of Energy said.
On March 31, a meeting was held at the French Embassy between the deputy of the Jizzakh province governor, Azim Akhmedkhadzhayev, with the Charge d'Affaires of France in Uzbekistan Brice Roquefeuil and the French business partners, Azim Akhmedkhadzhayev announced on his Facebook page.
Officials of the State Committee for Geology and Mineral Resources organized a press conference. During the event, the chief of the Resource base development department, Asror Rustamov updated about recent developments:
The Deputy PM/Minister of Investments and Foreign Trade S. Umurzakov held online talks with the Minister of Commerce of the China Wang Wentao and discuss topical issues of bilateral cooperation and the current progress of priority agreements, the Ministry of Investments and Foreign Trade (MIFT) said.
Today, the latest edition of the World Bank’s Economic Update for the Europe and Central Asia region was released. The report contains the analysis of the situation in 23 economies of the region and forecasts related to their social and economic development in 2021 and 2022. It also covers the recent developments in and outlook for Uzbekistan which are explained below.