Economy

South Korea to invest US$2m into pharmaceutical joint venture in Navoi

An Uzbek-Korean joint venture on production of medications and medical products will be established in Navoi free industrial economic zone, Uzpharmsanoat said.

Uzbek car plant to stick to development plans despite GM’s bankruptcy

The Uzbek-US joint venture GM Uzbekistan, 25% of which is owned by General Motors Daewoo and Technology (a subsidiary of the GM corporation), does not plan to adjust its development programmes in connection with GM’s bankruptcy, a source in the government circles has told Interfax.

Latest News

The number of foreign tourists visiting Uzbekistan exceeds 1.88 million people

30/06/2022Read more

Uzbekistan-China: cooperation in the leather and footwear industry to expand

30/06/2022Read more

Uzbekistanis pass 10,000 PCR tests a day

30/06/2022Read more

Magna, Sberbank seek all GM assets in Russia, CIS

A consortium of Canadian-Austrian auto parts maker Magna, Russian state-controlled Sberbank, and Russian automaker GAZ Group seeks to acquire all of US-based General Motors’ assets in Russia and other countries the Commonwealth of Independent States (CIS), business daily Vedomosti reported Thursday, citing a representative of Siegfried Wolf, Magna’s co-CEO.

Uzbek scientists develop new soil processing technology

Scientists of Samarkand Agricultural Institute developed a new method of soil processing, allowing to maintain fertility and withstand water and wind erosion.

Bukhara International Airport named best in CIS

Bukhara International Airport was named the best airport of CIS countries in 2008. The airport was awarded at the 35th International conference "Passenger. Attention all!", which was held on 26-28 May in Moscow, Russia.

ADB representatives familiarize with “one window” method

Uzbek Agency of Automobile and River Transport officials met the consultative mission of the Asian Development Bank on realization of “one window scheme” in Central Asian Regional Economic Cooperation (CAREC) member states.

Localization of auto industry reaches 60% in Uzbekistan

Localization level of auto industry reached 60% now and the process is continuing, financial analyst of AFS-Research Vyacheslav Luchkin told journalists, REGNUM News reported.

UNDP Resident Representative, Israeli Ambassador visit pilot farms of Livestock Project

Ms Anita Nirody, UNDP Resident Representative, and Ambassador of State Israel in Uzbekistan HE Mr. Hillel Newman, visited pilot livestock farms “Khojakent”, “Abulkasim O’g’illari” and “Yulduz” supported by “Sustainable Development of the Livestock Sector in Uzbekistan” project, implemented Jointly by UNDP, the Ministry of Agriculture and Water Resources and Israeli Agency for International Cooperation - MASHAV.

Chinese-Uzbek trade turnover increases by 97.2% in Jan-Mar

China’s trade turnover with Uzbekistan reached US$186.108 million in March 2009, the General Administration of Customs of China said.

French firm seeks to invest 375m euros in Uzbek drinking water supply projects

The Veolia Water (France) international company made a proposal to implement an investment project, which stipulates the management and upgrade of the drinking water supply and sewerage systems in the largest cities of Uzbekistan - Tashkent and Samarqand.

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