Center on improvement of antimonopoly policy under the State Demonopolization Committee of Uzbekistan prepared Business Activity Index for March 2010 – APIC 50.
The Uzbek government aims to open an airborne Silk Road by building a logistics hub around its Navoi International Airport located about 250 kilometers southwest of its capital Tashkent.
Blue Sphere Corporation, a company in the Cleantech sector as an Emission Reduction project integrator, has contracted with ClimeCo and they have commenced work on a Project Design Document or “PDD” at its Uzbekistan N2O abatement project.
Uzbekistan realized 14 state assets for total sum of 7.73 billion soums in the first quarter of 2010, of which 7.17 billion soums were investment obligations, which were undertaken by the investors.
Navoiazot open joint stock company produced goods for 259.783 billion soums in current prices in 2009 and fulfilled its plan for 101% (the plan was 257.209bn soums).
US Ambassador Richard Norland spoke at an international conference examining Uzbekistan’s policies to mitigate the effects of the global financial crisis, telling the more than 400 participants that Uzbekistan’s relative success weathering the global recession has helped attract the interest of American businesses looking for new markets and opportunities for investment.
The Government of Uzbekistan will hold an investment conference in Tokyo on 22 April and propose new industrial opportunities to Japanese companies.
Economic growth of Uzbekistan will reach 8.5% in 2010 and 9% in 2011 in line with the forecasts, while external debt of the country to GDP made up below 10% as of 1 January 2010.