“Investment portal of Uzbekistan”

Citizens of 76 countries will be able to get an electronic visa to Uzbekistan (List)

Uzbekistan announces visa waiver for citizens of 45 countries (List)

Important Visa Information for Indian Citizens Travelling to Uzbekistan

September 8, 2015


investments. 2

The Level of Localization. 2


Affordable Housing. 2

International cooperation.. 3

Textile industrial park to be established in Tashkent 3

Society.. 3

Embodiment of Freedom, Wellbeing and the Great Future. 3



The Level of Localization

The O‘zavtosanoat Company has published design specifications of the new plant to produce aluminum parts for automobile engines of GM Powertrain Uzbekistan to the precision cast technology.

The manufacture is estimated to produce 43 items of component parts for vehicles, engines and generators with an annual production volume exceeding 2,400 tons of aluminum castings per year. The launch of the manufacture is scheduled for January 1, 2017.

To empower the project, O’zavtosanoat and INZI AMT Co., Ltd (Republic of Korea) have established a joint venture UZAUTO-INZI with the authorized capital amounting to the equivalent of $10 million, and equal shares. The company received a plot of land of 6.9 hectares for the construction of production facilities, including 5.3 hectares of undeveloped areas of the automobile engines plant of GM Powertrain Uzbekistan.

(Source: «Uzbekistan Today» newspaper)


Affordable Housing

Uzbekistan has scheduled to build 12,000 standard design houses with the total area of 1.68 million square meters by the end of the current year.

The scaled program on improving the living standards of the rural population through the construction of affordable standard design housing and respective social facilities and engineering infrastructure has been underway in Uzbekistan for over five years.

The total cost of the houses that are currently built in 292 areas in 149 rural districts of the country exceeds 1.76 trillion soums (currency rates of CB RU from 08.09.2015   1$= 2605.83 soums). The construction of 2,280 houses is funded by the National Bank, 3,049 by Ipoteka Bank, and 6,671 – by Qishloq Qurilish Bank. The concerned ministries and agencies are also working to raise $64 million of the Asian Development Bank and $100 million of the Islamic Development Bank for the construction of standard design housing.

“It stands to reason that the public interest in the houses has been growing,” says Gulzoda Pulatova, the Chair of the Dalvarzin citizens’ assembly in Tashkent region, where 45 new homes were built last year. “A standard design project takes into account all the details and aspects of the life of a rural family. Initiated by the President, the changes on the increase of the room height from 3 to 3.2 meters, the construction of an iwan, allocation of an area for cars, installation of boilers in secure places have been introduced to ensure the prosperous life of people.”

Preferential terms contribute to the expansion of the construction of such housing.

“The grace period of mortgage loans for the construction of standard design houses has been increased from one to three years, and the interest rate settled at 7% for the first five years, in the amount of the refinancing rate of the Central Bank for the last ten years,” says the department head of Qishloq Qurilish Bank Dilshod Khasanov. “There is another important point: the income allocated to the disbursement of the loan shall not be taxed. The house owner is exempt from paying property tax during the repayment period.”

(Source: «Uzbekistan Today» newspaper)

International cooperation

Textile industrial park to be established in Tashkent

The State Joint Stock Company “O’zbekyengilsanoat” together with Korean partners started the active phase of the project on creation of industrial park of textile in Tashkent, IA “Jahon” reported.

Being established industrial park will be an educational and research institution with own laboratory.

According to the project, it will be located next to the Tashkent Institute of Textile and Light Industry.

Construction work is scheduled to start in January next year, and the amount of investment will be about $ 15 million. From the Korean side, partners are the Ministry of Commerce, Industry and Energy of the Republic of Korea and KITECH.



Embodiment of Freedom, Wellbeing and the Great Future

In accordance with the Decree signed by President Islam Karimov on 5 September 1991, the principal square of the capital Tashkent was named Mustaqillik Maydoni (Independence Square).

Marked on the model of the globe, the map of our country, the image of a happy mother looking with love at her baby, and the cranes ready to fly… These symbols of the Mustaqillik Square are imbued with the spirit of the Motherland, independence, national pride, peace, harmony, maternal tenderness, stability, wellbeing, and the great future.

Indeed, the Mustaqillik Square plays an immense role in the life of our nation and people. It is a reflection of the greatest, most precious heritage – independence, dreamed of by our ancestors for centuries and thanks to which the current generation lives happily. It is an incarnation of noble and earnest aspirations of a powerful, strong-willed people, overcoming currently the high frontiers on the way of building a great nation.

As a result of the tremendous creative works carried out in Tashkent during independence years under the leadership of President Islam Karimov, the capital city has changed beyond recognition. Majestic squares and buildings constructed in accordance with national characteristics and modern requirements, as well as shady parks, broad and smooth roads, bridges, social infrastructure create the fine-looking and unique image of the city.

With the idea and under the guidance of the head of our state, extensive construction and improvement works have been undertaken at the Independence Square. Today, it constitutes an integrated architectural ensemble. This has changed not only the appearance, but also the significance of the square.

Amazing are the chestnuts, pine trees, junipers, oaks, birches as well as various shrubs and flowers, which facilitate the cleansing the air and saturation of it with oxygen – and all this creates an atmosphere of peace and tranquility in the area.

An integral part of the unique complex of the square is the Arch of Good and Noble Aspirations. The cranes decorating it and ready for takeoff are a symbol of strong will and determination of our people.

Passing through the archway, you experience a sense of harmony and serenity. However, one thinks of the fact how the current peaceful life, wellbeing and clean the sky over our country have been achieved through thorny trials and difficulties.

“My youth passed along the banks of the Anhor, nearby this square,” says Erkin-ota Rasulov. “In those days, we all used to regret the fact that this square had to bear the name of a person who had never been in our country, the “genius” who had no relation to our history and values. The military vehicles of the time, passing through the area, used to cause a feeling of fear. Now, this majestic square houses a monument to the mother and child, epitomizing our future.”

Indeed, on the initiative of the President of our country, a majestic Monument of Happy Mother was erected on 28 December 2005 near the Monument of Independence and Humanism. It is as if we see our own mothers, serene childhood, and the comprehensively advanced generation in the image of the Happy Mother, gently pressing the child against her chest and looking at it with love. This monument is the epitome of boundless respect for women in the country that has been building a democratic state and a free civil society, and which proclaimed human rights and interests as the priority.

In our society, reverence for women, boosting maternal and child health became a major focus of public policy. As President Islam Karimov used to put it, a criterion that shows the spiritual perfection of a nation and a people is attitude towards women and respect for them in the society. In this sense, built in the center of the square, the Monument to the Happy Mother is a striking embodiment of the attention and esteem to women – the keeper of the family hearth.

Every compatriot of ours feels a great sense of pride looking at the relief map of Uzbekistan on the model of the globe, set on a high pedestal. This monument reflects the fact that among the many countries of the world there is only one called Uzbekistan that it takes its rightful place in the international community and with a growing international standing.

This complex, which reflects the most cherished dreams and noble aspirations of our people, serves for the formation of generations of true patriots, was named the Monument of Independence and Humanism on the proposal of the head of our state.

Human beings live with memory, and value it. The Memory Square, which has become an integral part of the Independence Square, is a reflection of the deep respect for the memory of those who sacrificed their lives for the current bright days. The eternal flame in the center of the square, the Monument of the Sorrowful Mother, installed metal plates bearinbg the names and surnames of soldiers from Uzbekistan who died in World War II, show that in our country, the person is dear, the memory is sacred, and calls on everyone to cherish like the apple of the eye our greatest wealth – peace, concord, compassion, mutual respect and interethnic harmony.

Today, the central square of our Motherland has become a favorite shrine and a place of festivities for our people. It has become a tradition to lay flowers to the Monument of Independence and Humanism, a symbol of freedom, bright future and noble aspirations, in honor of national holidays, during other ceremonies, prior to major international competitions for our athletes. Arriving in our country, heads of state and government, members of delegations of international organizations, lay wreath at the foot of the Monument, pay tribute to our independent Motherland.

(Source: UzA)

Reference to the source is a must in reproducing materials