Tuesday, 26, May, 2020

Business

Turkish Rönesans Holding will invest US$ 4.1 billion in Olmaliq Mining and Metallurgy Plant, as it was agreed during the meeting of the President Shavkat Mirziyoev with Turkish businessmen in Ankara on Thursday, the presidential press service said.

As reported earlier, the Uzbek President Shavkat Mirziyoev, as part of his trip to Turkey, met with the senior executives of Turkish business companies.

Tashkent’s Chorsu hotel was sold for 16.9 billion soums, or US$ 1.7 million to the UAE-based Ittihad International Investment LLC.

Uzbekistan will not review tax reliefs for foreign oil and gas companies provided under production sharing agreements (PSAs), the deputy chairman of the State Tax Committee, Fazliddin Umarov said.

On January 21, the Tashkent city mayor, Jahongir Ortiqhojaev hosted the regional representative of Alshaya Group, Nenji Menhotra.

Investors from the United States and China will build a plant for the production of packaged water, juices and dairy products in Samarkand province.

The Foreign Minister Abdulaziz Kamilov hosted the newly appointed Ambassador Extraordinary and Plenipotentiary of the Kingdom of Spain (stationed in Moscow), Fernando Valderrama Pareja Tuesday.

The Uzbekistan-Italy business forum was held in Tashkent on November 22, as part of a visit by an Italian delegation led by the governor of the Lombardy region.

National Reserve Corporation (NRC) belonging to the Russian businessman Alexander Lebedev plans to create up an agri-food complex in Jizzakh province in 2021, the Government’s draft resolution said.

On November 15 , the Minister of Innovation Development, Ibrohim Abdurakhmonov hosted the Director General of the National Center for the Integrated Processing of Mineral Resources of Kazakhstanm Abdurasul Zharmenov. In the meeting were alos present the international consultant of the Ministry of Innovative Development, Yerbol Suleimenov, heads of department and divisions, the ministry said.