Thursday, 12, December, 2019

Economy

On December 11, President Shavkat Mirziyoyev chaired a meeting dedicated to the reform progress of companies in which the state holds a stake, the presidential press service said.

The Russian Novaport Holding may be refused a project to modernize and develop the airports of Samarkand, Namangan and Urgench, Kommersant said.

On December 3, a government delegation led by the Minister of Investment and Foreign Trade Sardor Umurzakov hosted a Japanese delegation including the Senior Vice President and Executive Director at Mitsubishi Corporation, Kenji Ota, the Senior Vice President at Mitsubishi Heavy Industries, Kenji Terasawa and Senior Managing Executive Officer at Sumitomo Corporation, Tsutomu Akimoto.

It is planned to increase cotton harvesting by machines to 50% from the total in 2020 in Tashkent, Syrdarya, Jizzakh and Kashkadarya provinces, and by 80% later on, said Nodir Otajonov, adviser to the Prime Minister/Chairman of Uzagrotechsanoatholding.

The joint venture Nurlikum Mining, set up by the French company Orano Mining and the State Committee on Geology and Mineral Resources (GeolCom) of Uzbekistan, will have the annual capacity to produce 1,500 tons of concentrated uranium oxide (U3O8), GeolCom said on Wednesday.

Uzkimyosanoat and the Russian Tatneft signed an agreement on creation of a joint venture at the First Mechanical Rubber Plant (FMRP) in Angren.

UzAutoTrailer and the Russian KAMAZ officially launched the new assembly line in Samarkand. The ceremony was held as part of the working visit of the President of Tatarstan, Rustam Minnikhanov.

The State Tourism Development Committee hosted a meeting with executives of the German Society for International Cooperation (GIZ) in Uzbekistan and experts of Mas Contour (Germany).

At the end of last week, executives of Roca Group, the Spanish sanitary ware manufacturer, visited Bekabad city in Tashkent province.

Uzbekneftegaz and the Azerbaijani state oil company SOCAR are planning to set up a trader JV to supply hydrocarbons from Uzbekistan to Europe, Uzbekneftegaz said.