Friday, 22, November, 2024

Business

Officials of Uzbekistan’s Consulate General held talks with the CEO of National Company of Kazakhstan, Aktau Sea Commercial Port Abai Turikpenbayev.

Pakistani government delegation led by the Minister of Trade of Jam Kamal Khan landed in Tashkent for the 9th meeting of the Intergovernmental Commission on Trade-Economic and Scientific-Technical Cooperation, as well as the Uzbekistan-Pakistan Business Forum, where a number of bilateral agreements were reached.

On October 23-24, a working trip was organized with the support of the Uzbek Embassy to Islamabad, Rawalpindi and Karachi of Pakistan for a business delegation, led by the leadership of the Chamber of Commerce and Industry of Uzbekistan.

One of the major agricultural exhibitions in Central Asia, AgroExpo Uzbekistan / Agrotech Expo-2024, will take place in the pavilions of Uzexpocentre National Exhibition Complex in Tashkent from November 27 to 29, 2024.

Samarkand will host an Uzbekistan-Spain business forum on October 19 as part of a trip to the country by leaders of the leading Spanish construction materials and equipment companies.

Aluminum beverage cans production unit will be built in the Navoi province. The investment volume will amount to $100 million, the press service of the Ministry of Investment, Industry and Trade said.

On October 14, during a visit to the Tashkent province, President Shavkat Mirziyoyev attende a launch ceremony of nine projects worth a total of $2 billion.

Today, the U.S. Agency for International Development (USAID) announced a new call for proposals through its Business Support Project.

Kazakh technology giant, Kaspi.kz is seeking to bid in the Call for proposals for the purchase of 100% government stake in the National Interbank Processing Center, which operates the Humo payment system in Uzbekistan.

The Veterinary and Livestock Development Committee and the Indian genetic company Avee Broilers vowed to launc a poultry production facility in the Zaamin, Bakhmal and Gallyaral districts of the Jizzakh province and the Bulungur district of the Samarkand province, the press service of the Parrandasanoat association said.

ADM Jizzakh has proposed to return duties on the import of electric vehicles to Uzbekistan. This was stated today at an open dialogue with business leaders in the automotive and electrical engineering sectors by the CEO of the ADM Jizzakh automobile plant and founder of Roodell (which owns the plant) Daniyar Davletiyarov.

There are about a thousand electronics production units in Uzbekistan. While, almost all enterprises of the industry are privately owned, with the total number of people employed in the industry standing over 35 thousand people.

Брокерская организация Salient Investment известна своим разнообразием предложений, которые способствуют эффективной торговле на финансовых рынках. За годы работы компания завоевала репутацию надежного брокера, удовлетворяющего запросы как начинающих, так и профессиональных трейдеров. Это подтверждается многочисленными положительными отзывами о Salient Investment на различных интернет-платформах.

TST Group is poised to diversify its operations with the setting up of a subsidiary textile cluster in Azerbaijan, the press service of the Uztekstilsanoat said.

Uzbekistan became the third largest investor in Kazakhstan, ousting China by the number of registered companies, Data Hub said. As of May 1, there are 4,595 Uzbek-invested companies  in Kazakhstan. This is an increase by 706 companies year-to-date. While, Chinese companies, which previously held the third position, increased their presence by only 204 enterprises.

Europe-Uzbekistan Association for Economic Cooperation (EUROUZ) held an Annual General Meeting on "Strengthening Ties, Exploring Opportunities: The Future of Europe-Uzbekistan Economic Cooperation." EUROUZ, welcomed its members to reflect on past achievements, address current challenges, and set a forward-looking agenda for enhanced cooperation.

As part of the visit of the Afghan business delegation to Uzbekistan, local enterprises inked $44 million worth of export deals, the Uzbek Chamber of Commerce and Industry said.

As evidence to the enhanced Uzbek-Tajik ties, the volume of two-way trade between has tripled over the past eight years. In 2024 it is expected rise by 40% to 2023. The forum served as a platform to set targets, with plans to upgrade the trade volume to $2bn in the coming years.

Uzbekistan Chamber of Commerce and Industry held talks with the representatives of the Federation of Indian Chambers of Commerce and Industry (FICCI) via conference call.

Coca-Cola Ichimligi Uzbekistan has unveiled plans to invest $165 million for two new factories. The first factory, to be situated in Samarkand province on 18.5 hectares  will produce 280 mn liters of soft drinks, and create 200 jobs. The $133 mln factory will see a significant portion of the investment - $115 mn from the Dutch CCI International Holland B.V. Commercial operations are scheduled for Q2 quarter of this year, with plans to market products to CIS countries.