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.
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 Airlines has signed a firm order with MAK Ilyushin for production and delivery of three IL-76TD-90VD aircrafts.
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.
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 joined the Global Association of the Exhibition Industry (UFI).
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.
A large-scale campaign to encourage and support women’s initiatives is underway in Uzbekistan. A guide in this action is the Presidential Decree "On additional measures to support the activity of Women’s Committee of Uzbekistan" of 25 May 2004.
A Tajik delegation comprising energy specialists left for Tashkent the other day, where they intend to consider together with their Uzbek counterparts issues of using water and energy resources, and, in particular, those of the River Syrdarya, a source in the Ministry of Energy and Industry of Tajikistan has told Asia-Plus.