PROMOTING DEVELOPMENT OF ENTERPRISES

“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

October 29, 2016

PROMOTING DEVELOPMENT OF ENTERPRISES

b459177146720c2dbd3789221f88019a

The Xth International Industrial Fair and Cooperation Exchange continue in the capital.

‘We have been working for more than 10 years. Over the years, we have taken a few tractors, trailers in leasing. Today, at the fair we signed a contract for 10 years to obtain the tractor “New Holland TD5.110” through “Uzmashlizing” by 4.5 per cent per annum. Such events are very invaluable to us.’

These are the words of the farm manager “Navbahor adirlari” of Bekabad district Adham Ruzibekov, concluded in the framework of the International Industrial Fair and Cooperation Exchange – 2016 contract for 2017.

‘This fair is conducted successfully for our company and the subsidiary “Uzmashlizing”,’ said head of department of stock leasing company “Uzkishlokhuzhalikmashlizing” Fakhriddin Hojiev. ‘We have already signed more than 20 contracts with farmers and entrepreneurs. At the moment they are offered more than 70 kinds of agricultural machinery leasing. In order to enhance further cooperation with industrial enterprises and factories of our country we plan to conclude contract for 218 billion soums’.

Enterprises of the system of the Joint Stock Company “Uzbekenergo” also take part in the Industrial Fair. In the “Uzbekenergo” company through the implementation of more than 40 investment projects until 2020 will be enhanced energy potential, conducted the modernization of industry enterprises, as well as will be introduced energy-saving technologies.

Such innovations are reflected on the stands of dozens of enterprises as part of Joint Stock Company “Uzbekenergo”. For example, the joint venture LLC “Quyosh Issiqlik Energiyasi” offers water heating systems, the joint venture “Elektr Quvvat Qurilmalari” – modern switches, “Elektrtarmoqqurilish” enterprise – high-voltage electric wire, steel constructions, “Savdpenergo” enterprise – clothing for electricity sector workers.

‘This fair allow us to directly enter into contracts in the framework of sectoral and inter-sectoral cooperation,’ said general director of JV “Yorkin chiroqlar” Khairullo Atamboev. ‘Our Uzbek-South Korean joint venture has a production capacity of 2.5 million pieces of energy saving lamps per year. If in 2015, we produced 2 types of light bulbs, this year we have mastered the production of seven types of lamps. Next year we plan to increase this number to ten’.

On the third day of the fair, was held the presentation of joint-stock companies “Uzbekenergo,” “Uzbekkumir,” “Uzkimyosanoat”, “Uzagromashservice” association, “Uzeltehsanoat” JSC, national holding company “Uzbekneftegaz,” research institutes of the Academy of Sciences of the Republic of Uzbekistan, the State Committee for Geology and Mineral Resources, the enterprises of Fergana, Andijan, and Namangan regions.