Uzbekistan’s President Shavkat Mirziyoyev signed a decree on the construction of an electrified double-track high-speed railway around Tashkent. The project with a total cost of $320.1 million will be implemented in 2017-2021, according to the document posted on the website of the president’s press service. The total length of one line of the ring road…
A set of documents and agreements was signed in Tashkent on May 25 following a meeting of the Uzbekistan-Turkey Intergovernmental Commission for Trade and Economic Cooperation and the Uzbekistan-Turkey business forum. The documents and agreements envisage the implementation of around 30 projects in pharmaceutics, textile industry, electro-technical, construction and banking sectors, worth more than $2…
Uzbekistan’s state power company Uzbekenergo and Turkmenistan’s Ministry of Energy signed a memorandum envisioning cooperation in the transit of electricity from Turkmenistan to Kazakhstan and Kyrgyzstan through Uzbekistan’s power grid. The memorandum was signed during Uzbek president’s working visit to Turkmenistan. Under the terms of the memorandum, Turkmenistan will deliver electricity to Uzbekistan in exchange…
Peugeot Citroen and JSC Uzavtosanoat entered into agreement to establish a joint venture – Uzbekistan Peugeot Citroen Automotive. This partnership is aimed at building a production plant in Jizzakh SIZ. The plant will specialize in the production of full industrial cycle of light commercial vehicles under the brands “Peugeot” and “Citroen”, intended for transportation of…
President Shavkat Mirziyoyev singed a decree to create the free economic zones Nukus-pharm, Zomin-pharm, Kosonsoy-pharm, Sirdaryo-pharm, Boysun-pharm, Bustonlik-pharm, and Parkent-pharm, in efforts to draw investment to the pharmaceutical industry, produce high-quality medicine, boost Karakalpakstan, Djizzak, Namangan, Sirdarya, Surkhandarya and Tashkent’s industrial capacities, and create new jobs. With pharmacy bearing much importance, Uzbekistan has always paid…
The Ministry of Labor held an extended meeting devoted to the results of operations for the first quarter of 2017 and unconditional execution of the Program of employment of the population for 2017. 39.8 thousand jobs were created in the period from January to March. 2 thousand unemployed citizens received vocational training, and 1.2 thousand…
Chinese business delegation comprised of representatives of several major corporations visited Uzbekistan. They attended a business forum with participation of business circles of the two countries. The State Committee of Republic Uzbekistan for investments organised the event. Welcoming the participants, Deputy Prime Minister Ulugbek Rozukulov noted that the two countries had established a strategic partnership…