Saturday, 05, October, 2024

Economy

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.

Asian Development Bank (ADB) has lowered its economic growth forecast for Uzbekistan in 2018 down to 4.9 percent from 5.5 percent projected previously due to the long-term impact of the Uzbek soum devaluation, the bank said.

Shavkat Mirziyoyev signed a decree on 18 September creating the Termez Free Economic Zone (FEZ), aimed at further development of trade-economic and transport-logistics ties with the neighboring countries, in particular with the Islamic Republic of Afghanistan, Xalq So’zi (People's Word) newspaper said.

Tashkent’s UzExpoCentre will host the 24th edition of the annual Tashkent International Tourism Fair - Tourism on the Silk Road 2018 from October 3-5, the Tourism development committee chief Bakhtiyor Umarov said at a press conference Monday.

In eight months of 2018, 351 buses were manufactured in Uzbekistan, or a 40 % decrease to the same period last year, 583, the State Statistics Committee said.

ONGC Videsh Limited (OVL), the international arm of India's largest state oil and gas corporation ONGC, is interested in geological exploration in Uzbekistan, Uzbekneftegaz reported.

President Shavkat Mirziyoyev and President Alexander Lukashenko inaugurated Amkodor-Agrotechmash joint venture, set up at the Tashkent plant of agricultural machineries.

U.S. Assistant Secretary of State for Economy and Business Brian McFithers and Jan Sheridan of the Bureau of Economic and Business Affairs (EB) will pay a working visit to Uzbekistan on September 12-14.

As of September 10, GM Uzbekistan has stopped making sale contracts for GM Captiva, the company's said in a statement. The decision is in line with GM’s global strategy which is aimed at renewing the model range.

President Shavkat Mirziyoyev signed a decree on August 20 creating a Namangan free economic zone (FEZ) in Chust district of Namangan province.