During 2006, trade of the Uzbek Republican Commodity Exchange (UzRCE) increased 64% compared with that of 2005, 1, 4 trillion soum and the UzRCE share in the Republican wholesale commodity circulation grew 40% from 28% in 2005, informs the UzRCE press-service.
The production of liquefied natural gas is one of the most promising directions in international power generation engineering. Uzbekistan has the potential to become a leader in the regional market. It is not only its productive capacity that is growing. Last week the government of Uzbekistan determined a clear-cut strategy to increase the amount of gas to be used by vehicles in 2007-2012.
Company profile of the JSC “Khorezm-shakar”, the only sugar manufacturer in Uzbekistan intends to increase its production 11, 4% in 2007 in comparison with that of 2006, 200 000 tonnes, informed the Association of Foodstuff and Oil-Fat Industry of Uzbekistan to UT.
The Ukrainian JSC “Azovmash” projected to develop a crushing and trans-shipping complex at the Muruntaw goldmine, which is raw material resource base for the Navoi Mining and Metallurgical Complex.
This week the Tashkent Intercontinental Hotel hosts the second international exhibition on “Pure Energy. Energy saving”. It is organized by the IEG Uzbekistan with the support of JSC “Uzbekenergo” and Technology Transfer Agency.
Today no one is surprised to see many JSC “UzDAEWOOauto” cars on the roads of Uzbekistan and neighboring countries, because more than ten years have passed since the very productive Asaka automobile plant was launched in Andijan, Uzbekistan. Now the Uzbek cars travel many kilometers on local roads and highways of CIS countries, and the demand for them increases every year.
Uzbekistan is going to increase its coal production
10.03.2007 04:55
By Dmitriy Povarov
By 2010 Uzbekistan will have increased coal production by three times, states a special governmental program that is implemented in the country. Uzbekistan intends to use coal instead of natural gas in power stations. At present the Angren and New Angren fuel and energy stations are conveniently located in the area of coal deposits, but currently both of them use natural gas and black oil for power generation. To transfer these generating complexes from natural gas to coal requires additional investment.
Direct investment to grow faster than guaranteed investment
10.03.2007 04:54
The percentage of attracted foreign investment to Uzbekistan in 2006 has risen by 20% against 2005, and has totaled US$ 895,7 million, according to the Ministry of Economy of Uzbekistan.
In accordance with the Resolution of the President of Uzbekistan “On additional measures to improve the system of network communication management of the Republic of Uzbekistan”, until March 1, 2008, an automated system of communication network management will be created.
A group of specialists of Uzbek commercial banks have left for Singapore for training. The training programme was arranged by the Banking Association of Uzbekistan in cooperation with the Singapore Institute for Management Development.
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