Kapitalbank opens fourth branch in Tashkent
The joint stock commercial bank Kapitalbank opened its fourth branch – Sergeli in Tashkent. Now the bank has seven branches, of which three are located in the regions of Uzbekistan. The Sergeli branch plans to introduce a number of services using modern technologies.
Results of Navoi region’s development in Jan-Mar 2008 considered
Navoi regional administration held a session to consider the results of the region’s development in the first quarter of the year. Navoi regional governor B.Roziyev told meeting participants positive results had been achieved in most sectors of economy.
Gross regional product of Surkhandarya region up 5.1% in 1Q
Gross regional product of Surkhandarya region of Uzbekistan increased by 5.1% in the first quarter of 2008. Industrial production rose by 7.6%, agricultural production by 3.1% and consumer goods production by 19.7%.
Lukoil board of directors holds meeting in Tashkent
Board of directors of Russian company Lukoil held its meeting in Tashkent on 24 April to consider realization of its projects in Uzbekistan. Company president Vagit Alekperov said projects Lukoil was implementing jointly with Uzbekistan were of a particular importance.
Uzbekenergo, Afghan Energy Ministry sign MoU
Minister of energy and water resources of Afghanistan Muhammad Ismailkhan held talks in a number of ministries and departments during his visit to Uzbekistan.
President signs resolution on favorable conditions for cattle breeding
President of Uzbekistan signed a resolution on 21 April on measures to increase the cattle stock in personal subsidiary plots and farms and expand cattle produce. The document aims to stimulate the raise of the cattle stock and thus increase the level of employment and incomes of the rural population, as well as boost meat and milk production.
Uzbekistan International Travel Workshop-2008 held
International tourism forum “Uzbekistan International Travel Workshop-2008” was held in Tashkent on 21 April. Representatives of more than 30 companies from Uzbekistan, UAE, Malaysia, Syria, Azerbaijan and Turkey, experts and diplomats participated in the event.
Afghan energy and water resources minister visiting Uzbekistan
Minister of energy and water resources of Afghanistan Muhammad Ismailkhan is on a visit in Uzbekistan. On 21 April, he met chairman of the Uzbekenergo state joint-stock company Botir Teshaboyev. The sides considered expansion of cooperation between the two countries in energy sector and possibilities of implementation of new projects.
Problems and perspectives of tourism industry discussed in Tashkent
Expert council for sector development held a session in Tashkent on the topic “Tourism industry of Uzbekistan: problems and perspectives”. Representatives of the state bodies, private tourist companies and the expert community participated in the event.
Industrial fair of chemical industry opens
Industrial fair of chemical enterprises that constitute State Company “Uzkimyosanoat“opened In Tashkent. Now enterprises of the “Uzkimyosanoat”, produce rubber products, chemical reagents, various mineral fertilizers, an artificial fibre, polymeric materials, inorganic substances are made for power generating, gold mining and light industry, means of chemical protection of plants; totally more than 250 types of products.
Finance Minister of Hungary on a visit in Uzbekistan
Minister of Finance of Hungary János Veres is visiting Uzbekistan. On 17 April, he held talks in a number of ministries and departments of the republic.
Uzbektourism participates in international festival in Turkey
Tourist companies from almost 20 countries, including Uzbekistan, are participating in the International Tourism Festival in Cappadocia, Turkey. Uzbektourism is representing the country at the forum, demonstrating Uzbekistan’s tourist potential to the participants. The company will be holding negotiations with various foreign companies on increasing the flow of tourists to Uzbekistan.
Textile equipment exhibition opens in Tashkent
Fourth Central Asian International Exhibition Textile Equipment CAITME 2008 opened in Tashkent on 16 April. Some 130 companies from almost 20 states are participating in the event, which aims to demonstrate the latest local and foreign products, as well as expand cooperation between the Uzbek and foreign producers.
Foreign investments in Uzbek economy to increase 40%
Foreign investments in the economy of Uzbekistan are expected to comprise USD 5.4 billion this year (40% increase year-on-year), including USD 1.5 billion of foreign direct investments.
ADB executive director visiting Uzbekistan
Executive director of the Asian Development Bank Kyung-Ho Kim is on a visit in Uzbekistan. While in Tashkent, the ADB official held talks in the number of ministries and departments of Uzbekistan.
WorldFood Uzbekistan and AgroWorld Uzbekistan exhibitions open
Exhibitions WorldFood Uzbekistan 2008 and AgroWorld Uzbekistan 2008 opened in Tashkent on 25 March. The aim of the events is to attract foreign investments in the Uzbek food industry and agricultural sector. Among the participants are some 80 companies from more than 30 countries, including Uzbekistan, Russia, China, Kazakhstan, Kyrgyzstan, Germany, Italy, Switzerland, Austria, Netherlands, Turkey, Poland, Israel, Malaysia and Singapore.
Uzbek-German economic forum held in Tashkent
Economic forum of Uzbek and German business circiles was held in Tashkent on 26 February. Minister of foreign economic relations, investments and trade of Uzbekistan Elyor Ganiyev and Federal minister of economics and technology of Germany Michael Glos participated in the forum.
President signs decree on liberalizing conditions of bank deposits
President of Uzbekistan signed a decree on 21 February “On additional measures to liberalize the conditions and ensuring guarantees of deposits in commercial banks”.
Samarkand region's gross territorial product increases by 10.5%
The meeting at the Samarkand region administration discussed the issues mentioned in the report of the President of Uzbekistan Islam Karimov at the session of the Cabinet of Ministers, devoted to results of social and economic development of the country in 2007 and to the major priorities of deepening the economic reforms in 2008.
Cooperation between Uzbekistan and Arabian Coordination Group strengthens
On February 13th, 2008 the President of Uzbekistan Islam Karimov has signed the Decree «On measures of implementing the project of «Building and equipping public schools of Republic of Uzbekistan» with the participation of the OPEC Fund for International Development and the Saudi Fund for Development». The project provides financing of constructing and equipping over 25 public schools in Uzbekistan for over 7900 student places.