IFG News Digest – latest business news from Uzbekistan, January 4, 2019

Tax exemptions of General Motors Uzbekistan, SamAuto and JV MAN Auto-Uzbekistan are canceled; The introduction of drip irrigation in cotton production will be subsidized; Indian Rimtex Industries plans to launch production in Uzbekistan; Railway stations to be transferred to investors; Uzbekistan and Belgium to strengthen cooperation in textile industry; Uzbekhimmash Plant to build a new…

IFG News Digest – latest business news from Uzbekistan, December 29, 2018

Tashkent launches electronic platform to submit investment applications; President abolishes Fund to Promote Price Stabilization in Consumer Market; Uzbekistan plans to use investments for 138 trillion soums in 2019; Uzbek and Tajik leaders discuss ties and cross country issues; Priority tasks of diplomatic missions of Uzbekistan were determined ;     Tashkent launches electronic platform…

IFG News Digest – latest business news from Uzbekistan, December 28, 2018

SFI Management Group intends to attract over US$180 million of investments for AGMK in 2019; 2019 is declared the Year of Active Investments and Social Development; Mirziyoyev and Putin reaffirms mood to further strengthen the strategic partnership; Uzbekistan plans to introduce visa-free regime for citizens of 22 more states; Mirziyoev and Nazarbayev confirm their determination…

IFG News Digest – latest business news from Uzbekistan, December 27, 2018

Stratfor: In Central Asia, the United States is most interested in Uzbekistan; Russian export center increases loan portfolio in Uzbekistan; Uzbekistan decided to create a national brand of facing stones and provide manufacturers with benefits; List of natural monopolies to be seriously reviewed; “Attracting investment, increasing exports and escalating the tourist flow will be our…

IFG News Digest – latest business news from Uzbekistan, December 25, 2018

Memorandum of Cooperation signed with Singapore’s RV Healthcare Group; Differentiated rates of value added tax have been approved; Reconstruction of the hotel Radisson Blu was estimated at $ 40 million; Turkish “Yildirim Holding” becomes a potential investor in the modernization of Tashkent airport; Indian government allots $800,000 for financing Uzbekistan; Uzbekistan ranked 64 in the…

IFG News Digest – latest business news from Uzbekistan, December 24, 2018

Bank management of Asia Alliance Bank was passed to civil servants; Share in “Uzbekugol” was passed under the control of a Russian company; “Frontera Capital” buys PSB securities; Uzavtosanoat began large-scale privatization of its car dealerships; Indian company Kusum Healthcare PVT LTD plans to start production in Uzbekistan; “$ 2,7 billion investment will be attracted…

IFG News Digest – latest business news from Uzbekistan, December 20, 2018

Central Bank published draft law on payments and electronic money in Uzbekistan; EBRD supports expansion of ABNMB Group in Uzbekistan; Five start-up initiatives received 40 million soums for project development; Indian “Synthite Industries” to grow, process peppers in Uzbekistan; A delegation of Canadian oil workers to visit Uzbekistan; Reserves of Uzbekistan increased in gold, but…