Monday, 22, July, 2024

Business

The Consulate General of Uzbekistan in Greece, in cooperation with the Institute for the Development of Western Greece,  the Greek Nationwide Association of Industries based at Industrial Parks and Ellrosa Consulting Group Ltd. have launched the “Initiative for the Development of  Bilateral Economic Co-operation between Greece and Uzbekistan - Alexander the Great & Princess Roxanne"

Uzbekistan and Kazakhstan signed $ 1.2 billion worth of deals following the two business forums in Astana in March and Tashkent on September 16 (the former accounting for $ 840 million).

Five projects for manufacturing of children's toys will be combined into a cluster to be hosted by the empty facilities of the former TashIgrushka (transl. Tashkent Toy) plant located on an area of ​​12,000 sq. m.

On September 15-17, the 4th pavilion of UzExpoCentre will host an exhibition of Kazakh goods, the Committee for Investments said.

The Turkish Demir Group will build the Eski Shahar (Old CIty) tourist zone in the old part of Tashkent.  The company has set up special purpose joint venture: Inter Tourism to this end.

Tashkent will host an Uzbekistan-Kazakhstan business forum on September 16, the Chamber of Commerce and Industry of Uzbekistan said.

The new agricultural and car tires factory hosted by Angren FEZ produced its first experimental batch of car tires, UzKimyoSanoat said in a statement.

SFI Management Group became the owner of 80% shares of PAXTAKOR FC LLC at zero encashment value with the condition of meeting investment obligations. The resolution to sell the controlling stake to a foreign investor was signed by President Shavkat Mirziyoyev.

President Shavkat Mirziyoyev signed the Commissioner for Protection of Rights and Legal Interests of Business Entities bill into law. The document was published in Xalq So’zi newspaper and came into force.

A 20 company strong German delegation will arrive in Tashkent on September 18-23  to hold meetings and talks with Uzbek companies, with the visit co-organized by the Chamber of Commerce and Industry of Uzbekistan(CCI) and the German Economy Office for Central Asia, CCI reported.

Seeking investments from India, Uzbekistan today highlighted food processing, textiles and tourism among the sectors that can help strengthen bilateral cooperation and boost economic ties of the two countries. Uzbek Foreign Trade Minister Elyor Ganiev said that the central Asian country has taken several measures to improve business and investment climate for foreign investors, PTI News said.

UzTrade within the Ministry of Foreign Trade (MFT) inaugurated a trading house in New Delhi in a view to boost Uzbekistan's exports in the Indian market, the MFT said. The trading house will host a showroom of goods of Uzbek manufacturers.

The Russian agriculture company KRMM may supply potatoes to Uzbekistan, the Russian media outlets reported.

15 immovable property from among state-owned assets in Tashkent have been put for auction by the Committee for assistance to privatized enterprises and competition.

17 small industrial zones (SIZ) will be set up in Tashkent province by the end of 2017, the August 10 Presidential decree says. The decision was issued in an intent to fully utilize the rich natural, economic, mineral and raw materials, scientific, technical and labor potential of the province, creating new jobs and increasing the households incomes.

Royal Crown Cola International has officially launched in Uzbekistan. RCCI’s new, exclusive bottler and distributor in the country is Family Group.

JSC UzQurilishMateriallari (transl. Uz Building Materials) announced that it more than doubled the exports of building materials in the half-year to the previous year, reaching $46.9 million.

One of the free economic zones in Uzbekistan will  host an Uzbek-Chinese JV for manufacturing of children's toys. The partner from China will be Shandong Sanhe Toy, the Committee for Investments said.

President Shavkat Mirziyoyev, by his July 28 decree, appointed Dilmurod Kasimov (former first deputy prosecutor of Samarkand province) as the Commissioner for the Protection of Rights and Legal Interests of Entrepreneurs (Business Ombudsman) under the President.

The Government of Uzbekistan plans to reduce the number of taxes for doing business, Deputy Minister of Economy Shukhrat Ismailov said.