Friday, 26, April, 2024

Economy

Delegation of Siemens led by the President for Russia and Central Asia, Alexander Liberov, visited Uzbekistan on October 29-31.

The 14th meeting of the Uzbekistan-Japan economic cooperation committee co-organized by the Uzbek Investments Committee and the Uzbek Embassy to Japan was held in Tokyo.

Shell is eyeing to launch a production unit in Uzbekistan, Uzbekistan 24 reported. According to the company vice-president for CIS, Joanna Kuensnsberg, Shell is encouraged by the reform efforts being undertaken in Uzbekistan and is considering a project of fuel and lubricants production facility.

President Shavakt Mirziyoyev signed a decree approving the privatization of FerganaAzot, the largest manufacturer of nitrogen fertilizers in Uzbekistan.

Turkish Tasaypi and the Uzbekistan Committee for Geology and Mineral Resources on October 25 signed an agreement for the development of two gold deposits in the Samarkand province, the committee said in a statement.

Uzbekistan plans to complete the new 500 kV Surkhon–Pol-i-Khumri transmission line construction project ahead of the schedule by December 2019, Uzbekenergo said.

Uzbek Deputy PM Sukhrob Kholmurodov speaking at the Uzbek-American business forum in Tashkent called on U.S. companies to invest in Uzbekistan’s economy.

Russian Eurocement Group commenced construction of a new US$ 160 million cement plant in Uzbekistan ўт Wednesday. The 3-million-ton capacity plant’s foundation stone was laid at the site of Akhangarancement, with the project to be completed in 2020.

UzAutoSanoat company announced it successfully conducted large-node test assembly of 28 Chevrolet Tracker cars at the Tashkent branch of GM Uzbekistan.

The construction of a Russia-design nuclear plant in Uzbekistan is estimated at about US$ 11 billion and is planned to be launched in 2028, said the aide to the Russian president Yury Ushakov.

127,420 cars were manufactured in Uzbekistan in January-September, 2018, an increase by 25.7% to the same period of 2017.

President Mirziyoyev signed the decree approving the agreement between the governments of Uzbekistan and Russia on cooperation in the design and construction of a nuclear power plant in Uzbekistan.

Uzbekistan invited the Tatarstan’s TAIF group of companies to take part in the construction of a new gas-chemical complex in Karakalpakstan.

On the occasion of the official visit to France of the President of Uzbekistan Shavkat Mirziyoyev, Veolia signed a memorandum of understanding for the modernization of the drinking water production and distribution service and wastewater treatment in Tashkent city.

The launch ceremony of the nuclear plant project in Uzbekistan will take place on October 19 and is timed with the official visit of the Russian President Vladimir Putin to Uzbekistan (October 18-19), the president of RosAtom - International Network, Alexander Merten said.

The new chairman of Uzbekneftegaz Bakhrom Ashrafkhanov met with the Chairman of Total E&P Arnaud Breuillac yesterday, Uzbekneftegaz said.

The French Total EREN and UzbekEnergo signed a contract to jointly implement a solar power plant project in Samarkand province.

Middle East’s leading developer and operator of utility-scale clean energy projects, Masdar is set to build wind and solar power plants in Uzbekistan.

Turkish ETKA CO ENERJI A.Ş will build a 600 MW wind farm in Baysun, reports UzA. The project feasibility study is currently being developed, with the plant expected to be completed by 2020.

President of Uzbekistan Shavkat Mirziyoyev, accompanied by the Tajik President Emomali Rahmon, visited the TALCO state unitary enterprise in Tursunzade, Tajikistan on Thursday, the presidential press service reported.