Saturday, 27, April, 2024

Economy

On March 1, 2017 the President of Uzbekistan, Shavkat Mirziyoyev received the Vice-President of General Electric and the President of GE for CIS, Ronald James Pollett, UzA said.

President Recep Tayyip Erdoğan received Deputy Prime Minister of Uzbekistan, Rustam Sodikovich Azimov at Beylerbeyi Palace.

As reported earlier, the President of Uzbekistan, Shavkat Mirziyoyev on February 24 arrived in Kashkadarya province.

The Head of State during his visit to Kashkadarya province familiarized with the project "Organization of production of gas-to-liquid (GTL) from purified methane of Shurtan Gas and Chemical Complex" (Uzbekistan GTL).

Over 70% of promising fields of solid minerals in Uzbekistan are currently not being developed. To this end a draft Presidential decree, published on the portal for discussion, is aimed at attracting foreign investment for exploration and development of fields of strategic minerals.

The construction of two 450 MW combined cycle power plants (CCPP) are to be completed at Talimarjan thermal power plant in Kashkadarya province.

On February 13, at the Oliy Majlis the Deputy Chairman of the Senate, Sodiq Safoev met with the Deputy Director General of the Central and West Asia Department of the Asian Development Bank, Hong Wei.

Uzbekistan has abolished the 40% excise duty on imports of trucks manufactured in Belarus. This has been provided for by the President Shavkat Mirziyoyev's Feb. 8 Decree.

At the Ministry of Foreign Economic Relations, Investments and Trade were held talks with the President of the Chamber of Deputies of the Czech Republic, Jan Hamáček.

President of Vietnam Tran Dai Quang urged Vietnam and Uzbekistan to fully tap their cooperation potential in various fields while receiving Uzbekistan’s Deputy Prime Minister and Minister of Agriculture and Water Resources, Mirzaev Zoyir in Hanoi on February 9, Nhan Dan reported.

At the Uzbek Competition Committee was held the meeting of the committee's senior executives with the officials of McKinsey & Co., a consulting company, headed by David Fine.

In Kuwait city was held the Uzbekistan-Kuwait Business Forum, which was attended by the Uzbek Foreign Ministry delegation, a statement of the Uzbek Foreign Ministry press service said.

33 large pharmaceutical plants will be commissioned by the end of the year in Uzbekistan, the chairman  UzPharmSanoat (transl. Uz Pharm Industry) group, Mirzanozim Dustmuradov announced at a meeting with journalists on Wednesday.

The Government of Uzbekistan and the Kuwait Fund for Arab Economic Development (KFAED) signed a Memorandum of Understanding providing for the participation of KFAED in the financing of social projects in Uzbekistan totaling US $ 60 million over the coming years.

Tashkent Inha University is expected to host the ICT Innovation Centre, a  free economic zone. This is stated in the draft Presidential decree which has been published for discussion on the portal of legal acts.

President Shavkat Mirziyoyev on February 3 visited Yakkasaray small industrial zone in the same district of Tashkent, UzA reported.

President of Uzbekistan, Shavkat Mirziyoyev on Friday familiarized with the project of construction of Tashkent Metallurgical Plant in Tashkent's Sergeli district, UzA reported.

The projects that are being implemented in the light industry are aimed at equipping enterprises with modern technology and further increase of finished products share in total output.

In January-December 2016, measures were taken aimed at implementation of investment projects included in the 2016 Investment Program, approved by the Presidential Decree PP-2458 of December 25, 2015.

Uzbekistan GTL company started construction of the synthetic fuel production plant, a statement on the project’s official website said.