Uzbekistan

The value of Uzbekistan's underground resources is estimated at $3 trillion.

An open digital geological database will be created to present opportunities in this field to foreign investors.

The value of Uzbekistan's underground resources is estimated at $3 trillion.

Uzbekistan is implementing large-scale programs aimed at transitioning to a new technological stage and creating high added value in all sectors of industry. This was announced by President Shavkat Mirziyoyev in his speech at the investment forum reported.

 

As the head of state emphasized, Uzbekistan is rich in reserves of gold, copper, uranium, tungsten, gas, and other strategic raw materials, with the total value of its mineral resources estimated at 3 trillion dollars.

 

To present opportunities in this sector to foreign investors, an open digital geological database will be created. Additionally, the number of deposits put up for auction will be increased fourfold.

 

The President noted that foreign investments will be actively attracted to the "Metals of the Future" technoparks being established in Tashkent and Samarkand to develop projects focused on deep processing of raw materials and production of finished goods.

 

Furthermore, it was proposed to jointly implement investment projects worth a total of 20 billion dollars in priority sectors such as mechanical engineering, robotics, light industry, construction materials, electrical engineering, and pharmaceuticals.

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Six Uzbekistani citizens who found themselves in a difficult situation in Bulgaria have been returned to their homeland.

Relevant authorities urged citizens seeking work abroad to find employment only through official sources and to legally formalize their labor contracts.

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A sovereign Islamic bond (sukuk) program will be implemented in Uzbekistan.

Broad opportunities will also be created for the activities of international clearing companies.

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Uzbekistan's economy is expected to exceed 180 billion dollars in 2026 — President

The head of state emphasized that Uzbekistan is always open to investors who are ready for equal and mutually beneficial cooperation.

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The prospects for cooperation between JSC "Business Development Bank" and Standard Chartered were discussed.

The negotiations considered issues of attracting long-term foreign capital to Uzbekistan, expanding cooperation in international credit markets, and developing strategic partnerships.

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Saida Mirziyoyeva held a meeting with the Chairman of the Government of Russia.

During the meeting, the current state of trade and economic cooperation between the two countries and the prospects for new joint projects were discussed.

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In Navoiy, shops and a warehouse caught fire.

The fire was completely extinguished within about an hour after it was surrounded. No information has been received about any casualties.

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Saida Mirziyoyeva met with heads of US financial institutions.

Special attention was paid to the topic of developing a joint investment platform during the dialogue.

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In Tashkent, three people died as a result of a collision between a Lacetti and a BYD.

The Lacetti driver made a sharp left turn at the intersection and collided with an oncoming vehicle. The BYD was driven by a minor.

Certificate: №1346 Issue date: 28.05.2020

Idea author: Firdavs Fridunovich Abdukhalikov

Founder: "Master Media Production and Broadcast"