The total volume of investments of Uzbek insurers amounted to 867.547 billion soums in 2016, up by 19.3% YoY, the country’s Finance Ministry reported. According to the ministry, a major part of the investments (86.3%) accounted for banking deposits and securities. The amount of deposits increased by 15.7%, to 390.1 billion soums, investments in securities…
Kazakh Ambassador to Tajikistan Nurlan Seitimov has invited Tajik investors to participate in privatization of Kazakhstan’s state assets. A source at the Kazakh Embassy in Dushanbe says this issue has been discussed at a meeting of Seitimov with Fayziddin Qahhorzoda, the head of the State Committee on Investment and State-owned Property Management of Tajikistan (GosKomInvest).…
Ashgabat hosted a meeting with Bangladesh’s Extraordinary and Plenipotentiary Ambassador to Turkmenistan (with a residence in Tehran) Majibur Rahman Bhuiyan, the Turkmen Foreign Ministry said. The parties noted their interest in development of cooperation in the areas of electricity, transportation and petrochemical sphere. It was also noted that the two countries had opportunities to intensify…
The European Bank for Reconstruction and Development (EBRD) aims at long-term cooperation with Uzbekistan, Natalia Khanjenkova, managing director for Central Asia and Russia at the EBRD, said. It was previously reported that an EBRD delegation headed by Khanjenkova arrived in Tashkent on February 7, to discuss cooperation prospects. “On the basis of consultations with the…
Syrdarya region is implementing a project for the production of particle boards from cotton stalks. The decision was approved by the decree of the government of Uzbekistan “On introducing amendments and additions to the Decree of the Cabinet of Ministers of September 22, 2016 No. 319 “On measures for creation a modern production of particle…
7 consulting companies are ready to help sell Kara-Keche and Min-Kush fields (Ak-Ulak section), the Chairman of the State Committee for Industry, Energy and Mining Duyshenbek Zilaliev declared. Applications for consulting services were received from “Beyond Investment Group” LLC, “Deloitte & Touche”, “Marka Audit Bishkek”, “Industrial electric maden”, “Standard Develop Consult”, “KPMG Tax and Advisory”…
The draft law “On industrial safety of hazardous production facilities” has been adopted in Turkmenistan at a regular meeting of the country’s parliament of the fifth convocation, the Turkmen government said in a message. The document defines the legal, economic and social framework for ensuring safe operation of hazardous production facilities. In particular, the law…