Uzbekistan’s Energy Ministry said on June 30 a new $380 million project to enhance the performance of the National Electric Grids of Uzbekistan (NEGU) has been approved by the World Bank’s Board of Executive Directors. “Uzbekistan has been working closely with the World Bank and other international institutions to open up the country’s power sector…
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The unified electronic national catalog of products (goods and services) was approved by the Resolution of the Cabinet of Ministers “On measures to introduce a unified electronic national catalog of products (goods and services), electronic registration of contracts concluded between business entities and electronic registration of a power of attorney to receive inventory items” from…
The European Bank for Reconstruction and Development published its latest Regional Economic Prospects (REP) report, according to which the economy of Uzbekistan is set to grow by 5.6 per cent in 2021 and 6 per cent in 2022. The REP is expecting private consumption and investment to rebound as well. According to the report key…
A year after shutting down all its state-owned jute mills, Bangladesh is now in the final stage of shortlisting bidders who sought to operate these once-vibrant factories under lease arrangements. Bangladesh Jute Mills Corporation (BJMC) that used to operate the mills, now sifting through the lease proposals it received against an ‘expression of interest’ (EOI)…
Kyrgyzstan’s President Sadyr Japarov has lauded the success Bangladesh has achieved in garments and medicine sectors and urged the entrepreneurs of the south Asian country to invest in the landlocked nation. The government of Kyrgyzstan will extend all-out support, including allotment of land, to the interested Bangladeshi businesses, he said. He made the comments at…