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20.11.24
For the first time in its history, Uzbekistan’s Gross Domestic Product (GDP) has surpassed US$100 billion. This announcement was made by President Shavkat Mirziyoyev on 20 November during his address to the Legislative Chamber of the Oliy Majlis, where he presented key government tasks for the next five years.
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16.11.24
From January to October 2024, Uzbekistan welcomed approximately 6.5 million foreign tourists.
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15.11.24
Uzbek and Turkish companies are actively enhancing collaboration in the leather and footwear sector. Negotiations held during the AYSAF-2024 exhibition may lead to significant investments from Türkiye.
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12.11.24
The agreement between Masdar and Uzbekistan’s Ministry of Energy was finalized during the COP29 climate conference, marking a major step forward in the country’s push for sustainable energy solutions. This new plant is projected to generate 3.5 billion kWh of electricity annually, equivalent to saving approximately 1 billion cubic meters of natural gas each year.
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12.11.24
Uzbekistan is set to expand the export of goods across the Caspian Sea, focusing on the growth of container shipping.
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23.10.24
Foreign investment in Uzbekistan since 2017 is expected to exceed $100 billion by the end of 2024. This forecast was announced at the meeting on localisation, public-private partnership and foreign investment in Uzbekistan’s economy chaired by President Shavkat Mirziyoyev, the press office of the President reported.
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22.10.24
Uzbek-Singaporean company Technologies of Real-Time plans to start producing components for such famous brands as BYD, Chery, Changan, Geely, and Dongfeng, it was announced during President Mirziyoyev’s visit to the Tashkent region. The project will cost $115 million and is planned to be realized by 2025. As a result, 43 new jobs will be created, and production capacity will increase from 180,000 to 280,000 units annually.
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21.10.24
Since the beginning of 2024, solar and wind power plants in Uzbekistan have produced 4 billion kWh of electricity, according to data from the Ministry of Energy.
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21.10.24
Uzbekistan's Jihozvent, a company specializing in industrial ventilation and air conditioning equipment, plans to enter the Turkmen market, reported Trend on Sunday, citing an interview with the company's chief international trade specialist, Sherzod Saidov.
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21.10.24
A meeting was held between Ilkhom Norkulov, First Deputy Minister of Economy and Finance, and Ahmet Serdar Ibrahimcioglu, President of Türkiye’s Small and Medium Enterprises Development Organization (KOSGEB).