Economy

ILS, Inc. to sponsor international workshop in Uzbekistan

International Land Systems (ILS), Inc. along with the World Bank and the European Union among others, will be helping to sponsor an international workshop in Uzbekistan.

Uzbek leader urges liberalizing economy, raising NGOs’ role

Addressing a festive ceremony devoted to the 16th anniversary of Uzbekistan’s independence, shown live on Uzbek TV on 31 August, Uzbek President Islam Karimov said that one of the priorities of the Uzbek government was to further liberalize economy and raise NGOs’ role.

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Over 57,800 new enterprises were created in Uzbekistan in Jan-Jul

11/08/2022Read more

Over the past 3 years, the number of mobile subscribers increased by 3 million

11/08/2022Read more

Uzbekistan Airways provides a 50% discount on all types of fares on domestic flights from 1 to 4 September

11/08/2022Read more

German trade company opens office in Uzbekistan

A representative office Germany’s Metro Group company has been opened in the Uzbek capital, Tashkent.

New Chinese-Uzbek enterprise set up

A new joint venture has been opened in Yakkabog District of Uzbekistan [in southern Qashqadaryo Region]. In line with a cooperation agreement between the "Nuriddin Tadbirkor" private enterprise and "Jiaojian" [name transliterated] plant of the People’s Republic of China, the enterprises’ authorized fund is US$200 million, and 51% of this belongs to the Uzbek side.

Foreign investments to total US$41.4m in 2007 - report

To reduce the state’s participation in industry by diminishing its interest in the enterprises of the key sectors, to attract foreign direct investments for the modernization, technical and technological re-equipment of productions, and on this basis to raise production of high quality export-oriented goods, as well as to raise the role of private property in the country’s economic development, the President passed a resolution on 20 July this year "On measures to further intensify the processes of privatization and active attracting of foreign investments in 2007-2010".

Volga-Dnepr to buy IL-76TD-90VD aircrafts

Volga-Dnepr Airlines has signed a firm order with MAK Ilyushin for production and delivery of three IL-76TD-90VD aircrafts.

Uzbek, SKorean businessmen ink deal to set up cement plant in eastern region

A ceremony to sign a protocol of intent to construct a cement plant in [eastern] Andijon Region’s Buloqboshi District was held in Tashkent on 27 August. The protocol was concluded by the heads of the Uzbek private trade and production company Rivoj and the South Korean company CL LCD, Uzbek newspaper Narodnoye Slovo on 28 August reported.

Uzbekistan sees double-digit growth in production

As Uzbekistan waits to celebrate its 16th anniversary of independence, the country’s most important holiday, it should be mentioned that the traversed path has been marked by epochal transformations, the establishment of statehood and the rebirth of national self-consciousness, The Korea Herald reported.

ITE Uzbekistan joins Global Association of Exhibition Industry

ITE Uzbekistan joined the Global Association of the Exhibition Industry (UFI).

Korean firm to build cement plant in Uzbekistan

South Korean CL LCD (former CYR) will build cement production plant at Bulakbashi district of Andijan region. The protocol of understanding was signed between Uzbek private trade-production company Rivoj and CYR in Tashkent on 27 August.

Currency rates from 10/08/2022

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€ 1 11140.33 +0.546%
₽ 1 180.66 -0.452%
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