During the past three years, private businessmen have bought over 1,400 buses and vans, as well as 10,000 cars, investing over 120 billion soums (US$ 874 million) into the passenger transportation sector.
A hot dry spring and shortages of irrigation water reduced yields and Uzbekistan’s MY2008/09 cotton production forecast is lowered to 5.04 million bales. The export forecast has been lowered to 3.8 million bales, according to a US Department of Agriculture attache report posted Monday on the Foreign Agricultural Services Web site.
Carlsberg Uzbekistan has produced the first batch of Baltika No. 9 Extra (Strong). A licensing agreement for local production of this popular brand was signed on 23 May 2008 between UzCarlsberg LLC (formerly Sarbast Plus JV) and Baltika Breweries, the company said in a statement.
On 28 November, President of Uzbekistan Islam Karimov signed a decree approving the Programme of measures to support the enterprises of the real sector of the economy, ensuring their stable work and increasing their export potential.
On 25 November, Gissarneftegaz JV put a new well into operation at the Northern Guzar fields in the Kashkadarya region of Uzbekistan.
Employment of the population and ensuring food security are the most topical issues for the Central Asia in the conditions of the global financial crisis at present, Kazinform reported.
Tashkent is hosting a national conference titled “Law on arbitration courts: two-year experience and prospects” dedicated to the results of arbitration courts in last two years, including improvement of legislation in the field of arbitration, work of arbitration courts and study international experience. The conference opened today at the Dedeman Hotel in Tashkent.
GM Uzbekistan, an Uzbek-US carmaker, produced 158,507 in January-October 2008 or increased output by 10.6% year-on-year.