The Investment

Uzbekistan to produce Peugeot Expert and Peugeot Boxer vehicles

Uzbekistan Peugeot Citroen Automotive (UzPCA) will produce Peugeot Expert and Peugeot Boxer vehicles.

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New gas fields in Karakalpakstan

2018 began with an important event for the oil and gas industry of Uzbekistan. According to the Press Service of “Uzbekneftgaz” joint stock company, new industrial gas condensate reserves have been discovered in the Lower Surgil on the Ustyurt plateau in Karakalpakstan.

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One of the major textile manufacturers of Turkey, Norm Ltd., plans to create a joint brand production factory in one of the regions in Uzbekistan

The Uzbek and Turkish sides have already held the first round of talks in late last December in Tashkent. Norm Ltd. primarily aims at organizing the production of textiles using cutting-edge technology and high-quality cotton fiber.

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Uzbekistan intends to significantly increase coal production within the next two years owing to the modernization of the Shargun deposit in Surkhandarya region

Within the framework of this project, the annual output of hard coal at the field will grow from the current 150,000 tons to 900,000.

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Uzbekistan uses foreign direct investment worth US$2.4 billion in 2017

The volume of used direct and other foreign investments in fixed assets in Uzbekistan exceeded US$2.4 billion in 2017.

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Uzbekistan plans to accelerate work on WTO accession

Uzbekistan plans to speed up work on accession to the World Trade Organization (WTO). This was stated in the draft state program of 2018 "Year of active entrepreneurship, innovative ideas and technologies".

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O'zbekyengilsanoat and KITECH to create Textile Industrial Park in Tashkent

The Korean side noted the importance of the selection of technical staff (engineers for dyeing, laboratory, mechanical and sewer equipment, safety, etc.) until mid-February 2018.

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Khorezm begins production of plastic packaging and containers

Yangiarik district of Khorezm region announced the launch of plastic packaging and container production.

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