Friday, 07, May, 2021

Economy

A large government delegation of Uzbekistan, led by Deputy Prime Minister, Rustam Azimov, is expected to arrive in Dushanbe on December 26 for participation in the session of the Tajik-Uzbek intergovernmental commission for trade and economic cooperation.

Chinese Zhuhai Singyes Green Building Technology won the tender for the construction of solar photovoltaic plant in Samarkand region of Uzbekistan - the first in Central Asia.

UzbekEnergo announced that the consortium including the South Korean Hyundai Engineering and Hyundai Engineering & Construction won the tender for the modernization of Takhiatash Thermal Power Plant (TPP).

A trade in textiles protocol will be added to an existing EU-Uzbekistan partnership agreement after it was approved by members of the International Trade Committee of the European Parliament on Thursday.

The Uzbek Senate at its Tuesday plenary meeting approved the 2017 state budget with a 1% of GDP deficit or 2.4 trillion soums ($750 million).

Russian UralKhimMash will supply 15 devices for Muborak Gas Processing Plant with total weight of over 1.3 thousand tons, the company website said.

Makro neighborhood stores and supermarkets chain announced it has acquired the Sunday supermarkets chain. Following the merger Makro chain will  operate 40 stores in Tashkent city and the regions.

Uzbekistan has tremendous potential in renewable energy, which is still largely untapped. The total potential for biogas production in Uzbekistan is estimated to exceed  8.9 bln cub m. In terms of its calorific value, this corresponds to 6.5 bln cubic meters of natural gas, which is about 10% of Uzbekistan’s annual demand for energy supplies.

Performance of controlling bodies in Uzbekistan will no longer be evaluated by the number of detected offenses, enforcement measures or property seized from economic entities.

Road and rail bridges across Amu Darya, which will link the highways of Uzbekistan and Turkmenistan, will be put into operation next year, the President of Turkmenistan Gurbanguly Berdimuhamedov said at the Global Conference on Sustainable Transport in Ashgabat, according to the Turkmenistan State News Agency.