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March 27, 2014


March 27, 2014



special industrial zone “Angren”. 2

EGL-NUR starts work in SIZ Angren.. 2

Business climate.. 2

In Uzbekistan physical cultural heritage facilities to be leased to private sector. 2


Estonian Foreign Minister to visit Uzbekistan.. 2

Business forum in Tashkent brought together representatives of leading Chinese companies. 3

International Forum of Manufacturers. 3





































Press-service of MFA of the Republic of Uzbekistan

special industrial zone “Angren”

EGL-NUR starts work in SIZ Angren

EGL-NUR, an Uzbek-Korean joint venture, started its work in territory of special industrial zone “Angren”, Pravda Vostoka newspaper reported.

The enterprise specializes on production of LED-lamps for street lightening. The volume of investment to the project made up US$1 million.

EGL-NUR has been founded by South Korea’s EG Lightings Co. Ltd and Uzbekistan’s Novo-Angren thermal power station. Share of the Korean side in the venture is 51% and the Uzbek side – 49%.

The project cost is US$1 million. EG Lightings Co. Ltd will invest US$510,000 to the project and Novo-Angren thermal power station – US$490,000.

The plant will produce lamps with the capacity from 120 to 175 watts. They will be used as an alternative to currently used lamps with the capacity of 500-600 watts.

LED lamps are protected from external influences, virtually they do not heat, equipped with a voltage regulator. The lamps will allow to save energy.

The project capacity of the venture is 4,000 lamps a months. It is expected that the venture will launch its designed capacity in its third year of operation.

Angren special industrial zone was created on 13 April 2012 in line with the presidential decree in Tashkent region. The zone will function for 30 years.

During operation of the special industrial zone, special tax regime and customs preferences will be applied in its territory. Administrative council of SIZ Angren will provide status of participant of the special industrial zone.



Business climate

In Uzbekistan physical cultural heritage facilities to be leased to private sector

The Cabinet of Ministers has adopted the Resolution “On attracting investments of private entrepreneurs to conservation of tangible cultural heritage”.

This legal act approves the provision governing the procedure of transfer for use of tangible cultural heritage facilities and adjacent territories to private entrepreneurs. Investment commitments to their improvement and maintenance of these facilities in good condition are also reflected in this provision.

Rented facilities can be used as exhibition halls, hotels, catering establishments but not selling alcoholic beverages, handicraft centers, artistic and creative workshops, offices and others, reports UzbekTourism.

Note that hotels located in historic buildings have gained popularity worldwide. The Spanish hotel chain Paradores is widely popular, whose hotels are located in ancient buildings, whether castle or palace.

With the adoption of the Resolution, domestic entrepreneurs will have the opportunity to open a hotel in historic sights and attract tourists not only with original exterior, but also high level of service.

At the same time, this will help preserve the cultural heritage, increase the responsibility for their preservation for future generations, create favorable conditions for acquaintance of foreign and domestic tourists with unique historical, cultural and architectural heritage, and contribute to the creation of new jobs, higher incomes of the population and tourism development of the country.




Estonian Foreign Minister to visit Uzbekistan

On March 27, Minister of Foreign Affairs of Estonia Urmas Paet will arrive in Uzbekistan on an official visit, reports the press service of the Foreign Ministry of Uzbekistan.

During the visit, it is scheduled to hold bilateral meetings and talks in the ministries of Foreign Affairs, Foreign Economic Relations, Investments and Trade of Uzbekistan, as well as a business forum with participation of representatives of business circles of the two countries.


Business forum in Tashkent brought together representatives of leading Chinese companies

China is one of the key partners of Uzbekistan. And it’s not just the amount of trade, which last year exceeded the record level of US$4b, but rather in an effort to build on the momentum of the two states of bilateral cooperation. This once again demonstrated the business forum and cooperation exchange, which took place in Tashkent in the framework of the visit the delegation of Chinese businessmen.

On the pages of Uzbekistan Today more than once covered a variety of business forums held with participation of businessmen from different places of the earth. Representatives of Italy, Russia, USA, South Korea, France, Japan and many other countries came with the intention to learn about the investment climate, the potential for joint projects, convinced of the success of the Uzbek economic model and based on this built concrete plans. Chinese businessmen have long passed this stage. They are among the first to have first spotted in early 1990s the efficiency of our economy and the pursuit of to equitable cooperation and has since become one of the leading partners of Uzbekistan.

According to the China International Trade Promotion Committee, which has organized the visit, it was primarily aimed at strengthening the bilateral relations and to explore the possibilities of increasing trade. The delegation included representatives of the companies involved in the petrochemical and electrical industry, mechanical engineering, energy, agriculture and construction. This shows how is a wide range of the Uzbek- Chinese partnership today and how much more promising directions for its expansion.

“China is interested in further development of trade and economic relations with Uzbekistan,” said First Deputy Chairman of the China International Trade Promotion Committee Zhang Wei. “Within our delegation there are representatives of leading Chinese companies arrived, many of which are already prepared for joint implementation of projects with Uzbek partners. I think that the visit could jumpstart the implementation of several interesting projects that will benefit both economies.”

During the business forum and cooperative exchanges, the sides discussed key bilateral issues, discussed potential investment and export opportunities for enterprises and companies of various industries regions of Uzbekistan, as well as identified the prospects of further development of trade and economic cooperation. Following the events, an agreement on cooperation between the Tashkent Chamber of Commerce and Industry and the China International Trade Promotion Committee.

(Source: “Uzbekistan Today” newspaper)


International Forum of Manufacturers

The sixth international industrial forum, “Uzbekistan Industrial Forum – 2014”, has opened at Tashkent’s Uzexpocenter. The gathering contains six international specialized exhibitions.

The forum is organized by the company IEG Uzbekistan with official support from the Ministry of Emergencies of the Republic of Uzbekistan, the State Committee for Geology and Mineral Resources, the Trade and Industry Chamber, the state stock company Uzavtoyul, the Uzkimyosanoat state stock company, the chief department for fire safety of the Ministry of Interior, the Institute of Energy and Automatics of the Academy of Sciences as well as the hokimiyat (mayor’s office) of the city of Tashkent.

It was said at the opening ceremony of the forum that all production industries, including the metallurgical, metalworking, mining, chemical, machine building sectors, the manufacturing of specialized machinery and others, have been advancing steadily and improving in our country under the leadership of President Islam Karimov. The measures being taken to execute the resolutions of the head of our state “On Priorities in the Development of Manufacturing Industry in the Republic of Uzbekistan for 2011-2015”, signed 15 December 2010, have been facilitating the growth in production volumes of such high-tech produce as freight and specialized machines, grain combines, compressors, voltage transformers, storage batteries, cable and conductor goods.

This year’s international forum has comprised specialized expositions like “UzMetalMash” (metallurgy, metalworking, mechanical engineering), “UzSpecTechExpo” (specialized machinery and components), “UzMiningExpo” (technologies and equipment for the mining industry), “UzChemPlastExpo” (chemical industry, production and reprocessing of plastic materials and polymers), “UzSecureExpo” (safety technologies and security means), “UzAutomationExpo” (industrial automation, information technologies and software).

In excess of 50 enterprises from Uzbekistan, the Republic of Korea, Germany, Switzerland, Pakistan, the United Arab Emirates, Italy, Iran, Turkey, the Czech Republic, the Netherlands, Poland, Russia, Belarus, Ukraine, Kazakhstan, Kyrgyzstan are taking part in the forum.

The expositions of the international industrial forum are represented by leading enterprises specializing in projecting, construction and commissioning industrial automation installments, certain components and complexes in mining, metallurgical and energy sectors. In addition, visitors may get familiar with technologies, equipment and specialized machinery of both domestic and foreign production. Thus, the local exponent of the JV MAN Auto-Uzbekistan has presented a lineup of freight and specialized machinery of more than 50 titles meeting high international standards. The pit-run dump trucks, concrete mixers, auto cranes, platforms for drilling rigs, installations for cementing the wells, prime movers, household/communal and other specialized machinery of the domestic manufacturer is displayed on the open yard of the exposition center.

Especially significant is the participation in the exhibition of such major and renowned enterprises in the mining world as the AZIAGIDROMASH Ltd. (Uzbekistan), the FAMUR stock company (Poland) and others.

The international exhibitions also host manufacturers of steelmaking furnaces, galvanized metal, grinding lathes, milling-and-centering machines, control and measuring devices, items of firm and heavy float. Among them are the Center of Welding Technologies (Uzbekistan), KORLOY (South Korea), and SPECTRO Analytical Instruments GmbH (Germany).

Exhibits also include the latest technologies applied in providing for safety of equipment operation and the security of the servicing personnel. They could be spotted at the stands of companies Ages Communications and Newmax Technology (Uzbekistan), Caribbean Trading, Co. LLC (UAE), Escorts International (Pakistan).

At the exhibition of chemical industry, production and reprocessing of plastic materials and polymers, particularly appealing for visitors were the companies “Zavod Makhsus Polimer” JV (Uzbekistan), NETZSCH-GERATEBAU GmbH (Germany) and others.

A range of enterprises have presented control and measuring devices, instruments for calculation of power resources, automated systems of management and systems of integrated safety of buildings.

“Uzbekistan Industrial Forum-2014” is to last three days and to include a seminar on high-strength and wear-resistant steels for the mining industry, as well as a presentation of the integrated Eurasian electronic trade platform

(Source: Uzbekistan National News Agency UzA)