The President Shavkat Mirziyoyev chaired a government meeting on the privatization of state-owned enterprises in Uzbekistan on November 8, the presidential press service said. In 2021-2022, it is planned to reduce the number of enterprises with a state’s share by at least 3 times. 619 state assets worth 4.5 trillion soums have been sold year-to-date,…

In January-September 2021, Uzbekistan exported 25,171 vehicles worth US$ 242.5 million, the State Statistics Committee said in a report on Monday. Reportedly, compared to the same period last year, the export of the vehicle increased by 14,036 units. At the same time, in January-September 2021, Uzbekistan imported from 22 foreign countries about 18,150 passenger cars…

On 11 November 2021, A Memorandum of Understanding (MoU) was signed between the Bangladesh Association of Call Center and Outsourcing (BACCO) and IT Park Uzbekistan at the Hall of Fame, BICC, Dhaka with the aim of developing the BPO industry of both the countries. Mr. Wahid Sharif, President of BACO, and Mr. Farkhod Ibragimov, Chief…

Hi-tech Park authorities of both countries sign a memorandum of understanding (MoU) regarding this The hi-tech park authority of Bangladesh and Uzbekistan will work together for the development of Information Technology (IT), hi-tech manufacturing, policy and development, research, and innovation in both countries, said Zunaid Ahmed Palak, state minister for Information and Communication Technology. The…

The speed of recovery makes Uzbekistan the fastest growing economy in Central Asia, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects report, published today. The Bank is expecting Uzbekistan’s GDP to grow by 6.8 per cent in 2021 and 6.0 per cent in 2022. Growth is supported by…