Regulation on the Energy Market Regulator Agency was approved. The regulator will be setting the electricity tariff rates starting from 2026.
https://www.gazeta.uz/ru/2024/05/10/agency/
https://www.gazeta.uz/ru/2024/05/10/agency/
Uzbekistan is among the top 5 countries with the most students studying abroad.
https://www.statista.com/chart/3624/the-countries-with-the-most-students-studying-abroad/
https://www.statista.com/chart/3624/the-countries-with-the-most-students-studying-abroad/
Statista Daily Data
Infographic: The Countries With The Most Students Studying Abroad
This chart shows countries with the most students studying abroad.
EBRD to provide $20mln to Ipak Yuli Bank JSCB (IPKY), including $10mln for SME lending, and $10mln for YiB program.
https://www.ebrd.com/news/2024/ebrd-offers-support-to-young-entrepreneurs-and-smes-in-uzbekistan.html
https://www.ebrd.com/news/2024/ebrd-offers-support-to-young-entrepreneurs-and-smes-in-uzbekistan.html
Ebrd
EBRD allocates $20 million to support young entrepreneurs and SMEs in Uzbekistan through Ipak Yuli Bank
EBRD to provide $14mln loan to Star Group, leading FMCG distributor in Uzbekistan. Funds will be allocated for the working capital and CapEx.
https://www.ebrd.com/work-with-us/projects/psd/55086.html
https://www.ebrd.com/work-with-us/projects/psd/55086.html
Ebrd
DFF - Star Group
In 4M2024, Almalyk Mining JSC (AGMK) exports decreased by 26.7% and reached $177.7mln, including 15,653 tons of copper (-17.8%) and 9,372 tons of zinc (-13.4%) products.
https://agmk.uz/ru/news/okmkda-4-oyda-1777-mln-dollarlik-eksport-amalga-oshirildi
https://agmk.uz/ru/news/okmkda-4-oyda-1777-mln-dollarlik-eksport-amalga-oshirildi
agmk.uz
АГМК: итоги экспорта за 4 месяца
China–Kyrgyzstan–Uzbekistan Railway construction is set to begin in October 2024.
https://www.spot.uz/ru/2024/05/07/rail-kg/
https://www.spot.uz/ru/2024/05/07/rail-kg/
Spot
Начало строительства ж/д Китай-Кыргызстан-Узбекистан намечено на октябрь
Ветка станет «собственным путем» Кыргызстана в мир, заявил президент Садыр Жапаров.
Comments on new regulation on remote digital identification for opening a brokerage account by Shodlik Nazarov, Senior Analyst at Avesta Investment Group.
https://www.spot.uz/ru/2024/05/10/identification/
https://www.spot.uz/ru/2024/05/10/identification/
Spot
«Технологический прогресс опережает устаревшее законодательство»: брокеры о разрешении цифровой идентификации для клиентов фондового…
Spot пообщался с несколькими инвестиционными посредниками и главой фондовой биржи Георгием Паресишвили, которые назвали данное решение долгожданным и положительным. Однако брокеры не ожидают бума в создании собственных мобильных приложений из-за их дороговизны…
$294mln to be allocated for the implementation of national program on adaptation of agriculture to climate change.
https://www.spot.uz/ru/2024/05/11/agriculture
https://www.spot.uz/ru/2024/05/11/agriculture
Spot
На адаптацию сельского хозяйства к изменениям климата направят $294 млн
Фермерам покроют до 100% расходов на топливо за каждый гектар, выровненный лазерным нивелиром.
Podcast with Scott Osheroff, CIO of the AFC Uzbekistan Fund about investing in the Uzbek capital market.
https://www.pyramidsandpagodas.com/p/ep-7-uzbekistan-emerging-from-the
https://www.pyramidsandpagodas.com/p/ep-7-uzbekistan-emerging-from-the
Pyramidsandpagodas
Ep 7. Uzbekistan – Emerging from the shadows of obscurity and onto investors' radars
Scott Osheroff, CIO of the Asia Frontier Capital Uzbekistan Fund tells us of a booming stock market, bold reforms, and easy access for retail investors
ACWA Power signs a $4.85bln deal for the largest wind farm in Central Asia with a total capacity of 5GW in Karakalpakstan region.
https://energycentral.com/news/saudi-arabias-acwa-power-signs-485-bln-deal-central-asias-largest-wind-farm
https://energycentral.com/news/saudi-arabias-acwa-power-signs-485-bln-deal-central-asias-largest-wind-farm
Energy Central
Saudi Arabia's ACWA Power Signs $4.85 Bln Deal for Central Asia's
Saudi Arabia’s ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm -- the Aral 5GW Wind Independent Power Producer
ADB will support projects in Uzbekistan worth $3.5bln in 2025-2027.
https://www.gazeta.uz/ru/2024/05/13/adb/
https://www.gazeta.uz/ru/2024/05/13/adb/
Газета.uz
АБР в 2025—2027 годах поддержит проекты в Узбекистане на 3,5 млрд долларов
Узбекистан и АБР подписали документ о реализации страновой программы на 2025−2027 годы. Сотрудничество охватывает сферы энергетики, транспорта, водоснабжения, городской инфраструктуры, агросектора и управления природными ресурсами, финансов, госсектора и…
Coal production is planned to increase up to 8mln tons this year and 10mln tons in 2025.
https://www.gazeta.uz/en/2024/05/13/coal/
https://www.gazeta.uz/en/2024/05/13/coal/
Газета.uz
Uzbekistan aims to reach 10 million ton coal production by 2025
Uzbekistan aims to boost coal production to 8 million tons this year, up from 6.5 million tons last year, and to 10 million tons next year. The president has directed adoption of international standards in the industry, improvement of coal quality, and acceleration…
1.51mln (+2.1%) foreign citizens visited Uzbekistan in 1Q2024.
https://www.spot.uz/ru/2024/05/13/tourists/
https://www.spot.uz/ru/2024/05/13/tourists/
Spot
За три месяца Узбекистан посетили более 1,5 млн иностранных граждан
По сравнению с прошлым годом Кыргызстан обошел Казахстан, а Китай и Индия — Южную Корею.
Daryo Global on the event organized by our team, Avesta Investment Group, on attracting foreign investment to Uzbek companies.
https://daryo.uz/en/2024/05/10/avesta-investment-group-drives-dialogue-on-foreign-investment-in-uzbekistan-at-tiif-2024
https://daryo.uz/en/2024/05/10/avesta-investment-group-drives-dialogue-on-foreign-investment-in-uzbekistan-at-tiif-2024
Daryo.uz
Avesta Investment Group drives dialogue on foreign investment in Uzbekistan at TIIF-2024
Liquidity concerns and market infrastructure deficiencies emerged as key barriers hindering investor participation, prompting discussions on enhancing market liquidity.
Passenger traffic at Uzbekistan's airports grew by 42% to 3.13mln passengers in 1Q2024.
https://www.intellinews.com/passenger-traffic-at-uzbekistan-s-airports-expands-42-in-1q24-324463/
https://www.intellinews.com/passenger-traffic-at-uzbekistan-s-airports-expands-42-in-1q24-324463/
Intellinews
Passenger traffic at Uzbekistan's airports expands 42% in 1Q24
Passenger traffic at Uzbekistan's airports surged 42% y/y to 3.13mn passengers in 1Q24, ato comm has reported, citing Uzbekistan ...
Uzbekistan might purchase 1mln tons of coal from Afghanistan.
https://www.ariananews.af/uzbekistan-plans-to-buy-1-million-tons-of-coal-from-afghanistan/
https://www.ariananews.af/uzbekistan-plans-to-buy-1-million-tons-of-coal-from-afghanistan/
Ariana News
Uzbekistan plans to buy 1 million tons of coal from Afghanistan
A high-level delegation from Uzbekistan has said during its visit to Kabul that it wants to send its technical team to Kabul to discuss the purchase of one million tons of coal from Afghanistan.