Economy
Economy
Uzbekistan and Sojitz Discuss New Investment Projects
Foreign Minister Bakhtiyor Saidov met with Sojitz Corporation President Kosuke Uemura to discuss industrial, energy, and transport projects in Uzbekistan.
Fitch Revises Outlooks for Two Uzbek State Companies to Positive
Fitch Ratings has revised the outlooks for Navoi Mining and Metallurgical Company and Navoiyazot to positive from stable following a …
Fitch Affirms Artel Electronics at 'B'; Outlook Negative
Fitch Ratings has affirmed Artel Electronics LLC's long-term issuer default rating at 'B' with a negative outlook due to expected …
TIIF: Central Asian Railways Become New Strategic Asset
Central Asia's railway sector is transforming from a Soviet legacy into a strategic asset for trade and regional competitiveness, according …
China-Kyrgyzstan-Uzbekistan Corridor May Open by 2028
Construction of the China-Kyrgyzstan-Uzbekistan railway corridor could be completed ahead of schedule by 2028–2029, according to transport officials.
Skoda Group Aims to Become Home Brand in Uzbekistan
Czech rolling stock manufacturer Skoda Group has signed a contract to supply 10 passenger trains to Uzbekistan and plans to …
IMF: Uzbekistan’s GDP Grew 7.7% in 2025, 6.8% Seen in 2026
The IMF said Uzbekistan's economy expanded 7.7% in 2025 and forecast 6.8% growth in 2026, while inflation continues to moderate.
ACWA Power and HAMROH Support Female Entrepreneurs
ACWA Power and HAMROH signed a memorandum of cooperation to launch an inclusive procurement model supporting female-owned businesses in Uzbekistan.
Uzbekistan and Korea to Strengthen Elevator Manufacturing Ties
Uzbekistan and South Korean institutions signed two memoranda of cooperation to expand local elevator production and launch specialized training centers.
EDB and Yashil Energiya Partner for Green Energy
The Eurasian Development Bank and Yashil Energiya LLC signed a memorandum of cooperation to develop renewable energy and EV charging …