Uzbekistan plans to export textile, garment and knitwear products valued at over $1.1 billion. The country has attracted foreign investments for $2.5 billion to the sector. During the last several years, Uzbekistan realized over 200 projects with participation of foreign investors from Great Britain, Germany, Switzerland, Italy, South Korea, Japan, Singapore, India and other partner…
One of the major projects – construction of “Titan Cement” enterprise – has been completed and put into operation in Karauzyak region of Karakalpakstan. The project’s cost is 10.6 billion soums and $17 million dollars. It will produce 200 thousand tons of cement per year. In addition, about 200 new jobs will be created. (Uzreport/Business…
Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, will supply two C1000 Signature Series microturbines for a flare gas utilization project in Uzbekistan. The US-based company said that it was planning to ship microturbines to Uzbekistan in the second quarter. BPC Engineering, Capstone’s largest distributor in Russia, released the order,…
An Uzbek-Chinese Business Forum and Cooperation Exchange with participation of business circles of Uzbekistan and China took place in Samarkand. The events were organized in order to further develop partnership relations between entrepreneurs of Uzbekistan and China. They were organized by the Chamber of Commerce and Industry of Uzbekistan and China Council for the Promotion…
Starting from July 19, for the first time in the history, the Uzbek Commodity Exchange started exchange transactions on the sale of polypropylene. Seller of new products on the stock exchange is UZ-KOR Gas Chemical. Currently, 7 contracts with 1 ton-lots each are open for selling of various grades of polypropylene in the stock market.…
Uzbekistan signed 270 contracts on the export of fruit and vegetables valued at $2 billion during the First international fruit and vegetable fair in Tashkent on July 12-16. Uzbekoziqovqatholding said that some 27% of the total volume of products for exports would account for vegetables, 25% for grapes, 20% for fruit, 17.6% for dried and…
Uzbekistan called Tajikistan to address the complex problems with the energy supply of the country through the construction of small and medium-sized hydropower plants. This was noted in the letter of the Prime Minister of the Republic of Uzbekistan Shavkat Mirziyoyev to the Prime Minister of the Republic of Tajikistan Kokhir Rasulzoda. The letter said:…