Uzbekistan’s GDP grows by 8% in January-September 2
Old Partner Acknowledged by Time. 2
Our Judokas among the Top Five in France. 3
POLItiCs
Uzbekistan’s GDP grows by 8% in January-September
Gross domestic product (GDP) of Uzbekistan grew by 8% in January-September 2015, the session of the Cabinet of Ministers of Uzbekistan dedicated to the social-economic development of the country in nine months of 2015 said.
The state budget was executed with the surplus. The inflation level did not exceed the forecasted parameters.
According to the Government, the growth of agriculture production reached 6.6% in the reporting period and industrial output – 7.3%. Uzbekistan increased production of consumer goods by 10.1% year-on-year in nine months of 2015.
The volume of retail trade turnover in Uzbekistan rose by 15% in January-September 2015 and services – 12.9%.
Over 9,3000 individual houses on modern standard projects were commissioned in new rural areas.
In the reporting period, some 21,400 new small businesses were created in Uzbekistan, which rose by 6% year-on-year. Small businesses received 17,800 unused state objects for rent, while the banks issued loans and microloans for 9.6 trillion soums to them (currency rates of CB RU from 20.10.2015 1$= 2663.45 soums).
About 748,700 new jobs were created in Uzbekistan in January-September 2015, of which 451,600 were created in rural areas.
Over 2 trillion soums were directed from all sources of financing to implement the state programme “The Year of Attention and Care of Elder Generation”.
The volume of used investments grew by 9.9% year-on-year, including foreign direct investments – 7.4%, in the reporting period.
The Government said that 3,440 new objects were commissioned. Implementation of 76 investment projects on organization of high-technological and modern production was completed.
Over 1 trillion soums were used on objects of construction and reconstruction of automobile roads, which are part of the Uzbek national highway.
(Source: UzDaily.com)
export
Old Partner Acknowledged by Time
The official presentation of the new ‘Ravon’ car brand has taken place in Moscow. Produced by ‘GM Uzbekistan’, these cars will now be sold on the Russian market under this brand name.
During the event, ‘Uzavtosanoat’ representatives have told about the upcoming rebranding of the dealer centers, and demonstrated the new cars to be offered to the Russian customers.
Today, the right for the Daewoo car brand is owned by ‘Daewoo International’, and ‘GM Uzbekistan’ uses it under a special agreement only for the exported cars. Given that the term of the agreement was approaching to its close, it was decided to re-brand it into ‘Ravon’, which means in Uzbek as ‘the easy way’, ‘free road’.
The ‘Uz-Daewoo’ brand is well known in the Russian market through the well-proven models of Matiz, Gentra and Nexia. In 2015, Matiz has been awarded a title ‘The Car of the Year in Russia’ among urban cars. Over 300,000 Matiz cars have been sold in Russia, and the share of this model in the A-Class segment makes up about 60%.
The new car brand of ‘Ravon’ was presented under the slogan ‘time-tested, re-created’.
According to O’zavtosanoat Deputy Board Chairman Tohir Jalilov, the company has studied the needs of customers in the last two years. They have come to the conclusion that the customers primarily appreciate the proven quality for affordable price. Therefore, ‘Ravon’ has opened a new chapter on its way towards success and progress.
The official presentation demonstrated the well known Matiz and Gentra, the new sedan Nexia R3 – Chevrolet Aveo 2008, R2 – Chevrolet Spark 2010, and R4 – Chevrolet Cobalt.
By the end of the year the new car brand of ‘Ravon’ is focusing on the models of Matiz and Gentra. Next year, the lineup will be significantly expanded by ‘Ravon’ R2 (a new model of compact A-class car), ‘Ravon Nexia’ R3 (the new generation of the best-selling B-Class), and ‘Ravon’ R4 (a new model at the junction of B/C classes). In the future the company is also planning to develop a few more C-class cars and a compact SUV.
(Source: «Uzbekistan Today» newspaper)
investments
In the next five years ‘Uzbekneftegaz’ is planning to carry out a range of projects on the production of up-to-date and competitive products.
In 2016, the company’s enterprises have planned to carry out 31 projects. Commissioned on the Surgil field, the Ustyurt Gas Chemical Complex will produce 387,000 tons of polyethylene, 102,000 tons of pyrolysis gasoline, and 83,000 tons of polypropylene per year. The production of polypropylene would not just meet the domestic demand, but enhance the country’s export capacity.
As reported by ‘Uzbekneftegaz’, by 2019 the industry will establish the production of new kinds of engineering products, chemicals, insulation materials, modern gas meters, refined petroleum products and gas. 1,300 new jobs will be created.
(Source: «Uzbekistan Today» newspaper)
sport
Our Judokas among the Top Five in France
Our compatriot Shahzod Sabirov won a gold medal at the recent International judo tournament of the Grand Slam series, held in Paris, France.
More than 400 judokas from over 80 countries participated in tournament. Shahzod Sabirov competed with Jaromir Musil (The Czech Republic), Shzabolc Krijan (Hungary), Frank De Wit (Holland), and Uuganbaatar Otgonbaatar (Mongolia). Our judoka defeated Sergey Ryabov from Russia in the final and took the highest step of the podium.
Our compatriot Sharofiddin Lutfullaev by winning Sergio Pessoa (Canada), Bakir Ozlu (Turkey), Eric Takabatake (Brazil) and Ludovic Chammartin (SUI) awarded a bronze medal.
Our athletes, by winning one gold and one bronze medal, got into the top five in the team event.
(Source: UzA)
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