Friday, 02, December, 2022

Economy

Uzbekistan produced a total of 774,000 tons of crude oil in 2021m recording an increase by 2.9% to 2020, the State Statistics Committee said in a report. 

Today at 11:15 a.m., a new 240 MW thermal power plant, built by the Turkish company Aksa Enerji in the Kibray district of the Tashkent province, began supplying electricity to the Uzbekistan power grid, the Ministry of Energy reported.

In January-November 2021, Uzbekistan imported 27.6 thousand tons of meat, the State Statistics Committee said in a report on Tuesday.

The Ministry of Energy announced the launch of the tender stage (Request for qualification (RFQ)) for independent electricity producers (investors-developers) for the 300 MW Guzar photovoltaic station (PVP) construction project.

Last year, Uzbekistan drew $ 8.6 billion in foreign direct investmen, it was announced on 5 January meeting chaired by the Deputy PM Sardor Umrzakov.

The first power unit of the 270 MW gas-fired TPP was commissioned on December 31, 2021. The unit was launched by the Turkish company Aksa Enerji, the Ministry of Energy said in a statement.

Uzbekistan plans to reduce state’s involvement in the economy and pave the way for the private sector. This is stated in one of the items of the draft Roadmap of the Development Strategy for 2022-2026 to be implemented in 2022.

The structure of Uzbekistan's international trade in January-November 2021 has been unveiled by the State Statistics Committee.

It is planned to ensure the stable operation of Uzbek energy system with the energy systems of neighboring countries. This is stated in the draft roadmap of the development strategy for 2022-2026 to be implemented in 2022.

The Development Bank and its branches in provinces will be set up with an aim to develop industry and infrastructure. This is stipulated in the draft Roadmap of the Development Strategy for 2022-2026 to be implemented 2022.

It is planned to stimulate the production and use of electric cars in Uzbekistan. This goal is contained in the draft Roadmap for the Uzbekistan’s development strategy for 2022-2026 in 2022.

The National Electric Grids of Uzbekistan (NEG) and the National Electricity Company of Afghanistan Da Afghanistan Breshna Sherkat (DABS) launched talks on the resumption of the construction of the Surkhan-Puli-Khumri high-voltage transmission line (TL) to increase the supply of electricity from Uzbekistan to Afghanistan, the press service of NES reported.

The State Statistics Committee issued a statement on to which countries Uzbekistan mainly exported cars in January-November 2021.

Uzbekistan’s overseas warehouse has opened in Gansu province in northwest China, Xinhua news agency reported on Monday.

Uzbekistan’s total external debt as of October 1, 2021 stands at $ 37.6 billion, an increase of 11% over nine months, or by $ 3.7 billion, the Central Bank said in a statement. This is about 58% of the forecasted GDP in 2021 ($ 64.86 billion at an average exchange rate of 10,620.8 soums a dollar).

The annual revenues of Uzbekistan’s copper industry top $ 2.5 billion, Umida Karshibaeva, spokeswoman to the Almalyk Mining and Metallurgical Kombinat (AMMC), announced at a briefing.

On December 25, President Shavkat Mirziyoyev launched the construction of another new plant to increase the production capacity of the Shurtan gas chemical complex by 3 times.

The Turkish Aksa Enerji is implementing a of 240 MW combined cycle power plant construction project and a 230 MW gas piston power plant in Tashkent province under the public-private partnership terms.

President Shavkat Mirziyoyev, during his visit to Almalyk on December 22, chaired a government meeting, where he unveiled development plan for the Almalyk Mining and Metallurgical Combine (AMMC) until 2030.

In January-November 2021, Uzbekistan's international trade topped US$ 37.94 billion, a US$ 4.95 billion increase to the same period last year (or by + 15%), the State Statistics Committee said in a report. This is even more than in the pre-COVID period in 2019 (US$ 37.86 billion).