Saturday, 15, December, 2018

Economy

Uzbekneftegaz has opened a new natural gas and gas condensate field in Romitan district of Bukhara province on the border with Turkmenistan, the company said.

Uzbekistan Railways completed the Electrification Of Karshi-Kitab Rail Section Project, the company said in a statement. The 124 km line was modernized and electrified, with surrounding safety metal frames installed. Also new stations were built, the existing ones were reconstructed, and another two bridges and 20 artificial structures were built.

The Cabinet of Ministers issued a decree approving holding of the annual UzTextileExpo textile and fashion exhibition to be co-organized jointly with ITECA Exhibitions LLC in Tashkent, as part of which this year:

The Cabinet of Ministers issued the Measures to Efficiently Use Oil and Gas Industry Assets Resolution paving the way for privatization of unused and non-core assets of the state-owned oil and gas firms through public auctions.

Uzbekistan delegation led by the First Deputy Chairman of the Senate Sodiq Safoev held a number of meetings and negotiations during the visit to France. In particular the delegation met with the Vice President of Thales Alenia Space Eric Imbert and discussed the ways to enhance cooperation and the implementation of projects for development of Uzbekistan’s space program.

Year-to-date, the volume of Russian investments inflow into Uzbekistan exceeded US$ 600 million, Russia 24 reported, with over 100 Russian enterprises launched in Uzbekistan.

CIFAL (France) said it was ready to help Uzbekistan to develop its nuclear energy sector, Uzbekistan 24 reported. The company said it was ready to provide its know-how and experience in training of personnel in the field of nuclear energy.

Uzbekistan and Belarus is holding the sixth meeting of the Joint Intergovernmental Commission on Bilateral Cooperation on August 23-24, 2018.

The construction has been completed of a new cross-border link between the telecommunication networks of JSC Uzbektelecom and LLC ElKat (Kyrgyzstan) on the Kuvasai district (Fergana province) - Kyzyl-Kiya (Batken province) section . This link was accepted for commercial operation on August 16, 2018.

Uzbekistan Airways (NAC) will starting from October 28 launch the Tashkent to Jeddah twice a week passenger flights, the company said. This will the first ever direct regular flight that will connect Uzbekistan and Saudi Arabia.