Thursday, 18, July, 2024

Economy

In 2021, Tajikistan sold more electricity abroad than in 2020, the Tajik Minister of Energy and Water Resources, Daler Juma told during a press conference.

Uzbekistan and Iran have agreed to develop railway transit, Miad Salihi, the general director of the Iranian Railways said on his Twitter page.

Value added tax (VAT) rate will be reduced from 15% to 12% from 2023. This is stated in the president’s New Uzbekistan’s Development Strategy of for 2022-2026 Decree.

The European Bank for Reconstruction and Development (EBRD) invested almost US$ 690 million (€607 million) in 22 projects in Uzbekistan in 2021, with Central Asia’s most populous state becoming the largest recipient of EBRD funds in the region for the second year running.

Two new coal-fired power units with a capacity of 300 MW each are set to be built at the Angren TPP, and which will be commissioned in 2024-2025, the Ministry of Energy said.

Uzbekistan and Tajikistan have agreed to implement joint projects in all industrial sectors. To this end, the parties plan to establish joint industrial enterprises.

Several large investment projects are to be implemented as per the President’s Approval of Uzbekistan’s investment program for 2022-2026 and the introduction of new approaches and mechanisms for managing investment projects Decree.

Uzbekistan's international trade in 2021 topped $ 42.1 billion, the State Statistics Committee said in a report Tuesday.

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.