Uzbekistan: $4.6 billion worth of construction works carried out in H1 2021

Uzbekistan carried out $4.6 billion worth of construction work during January-June. The country’s statistical committee said that construction volume surged by 100.1% YoY. The public sector completed 95.9% of all works. Large construction organizations carried out construction work worth some $1.15 billion, with the share of small enterprises and microfirms amounting to $2.4 billion. (Uzreport/Business…

Uzbekistan: foreign trade up in H1 2021

Uzbekistan’s foreign trade turnover amounted to $18 billion in January-June, up by 13.6% YoY. The country’s statistical committee said that the number was still below the pre-pandemic figure of $19.6 billion. Exports exceeded $7 billion, expanding by 12.3%. Imports increased by 14.3%, to $10.9 billion. The negative balance of foreign trade turnover amounted to $3.9…

Uzbekistan: trade with Pakistan to increase

Uzbek President Shavkat Mirziyoyev during negotiations with Pakistani Prime Minister Imran Khan said that both states had untapped potential to increase bilateral trade at least 5-fold. The parties said that the trade turnover between both countries had increased four-fold over the past years. The number of joint ventures has increased by more than a hundred.…

Uzbekistan: Finance Ministry reports on the future spending of funds raised from eurobonds

Uzbekistan has earlier announced the opening of an orderbook for an $870-million dual-tranche eurobond denominated in dollars and local currency. Deputy Head of the department for operations with international financial markets of the Finance Ministry Aziz Sodikov has briefed about the government plans, towards which spheres the revenue received from eurobonds would be used. The…