The Malaysian company Sunview Group plans to build a 200 MW solar power plant in Ferghana region. This was reported by the press service of the Ferghana regional administration. Ferghana region governor Khayrullo Bozorov met with representatives of Sunview Group to discuss the implementation of the renewable energy project. The project’s initiation was announced during…
Bangladesh has retained the second position in global garment trade with 7.4 percent market share although the country’s exports, according to the World Trade Organisation (WTO), was $9 billion less than the estimates of the Export Promotion Bureau (EPB). The WTO in its flagship “World Trade Statistics 2023” released on July 31 said Bangladesh exported…
TST Group is poised to diversify its operations with the setting up of a subsidiary textile cluster in Azerbaijan, the press service of the Uztekstilsanoat said. Negotiations between TST Group and officials of the Agency for Development of Economic Zones of Azerbaijan took place on Monday, during the visit of an Uzbek delegation led by…
There are about a thousand electronics production units in Uzbekistan. While, almost all enterprises of the industry are privately owned, with the total number of people employed in the industry standing over 35 thousand people. Reportedly, the New Uzbekistan Development Strategy for 2022-2026 has an item to increase by the year 2026 the volume of…
In the first half of 2024, the economies of Uzbekistan’s main trading partners showed positive dynamics. Kazakhstan’s GDP grew by 3.3%, Kyrgyzstan’s by 8.1%, China’s by 5%, and Russia’s by 5% for January-May. Inflation in Uzbekistan accelerated: prices rose by 5.2% compared to December last year, and the consumer price index in June increased by…