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…
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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…
Beeline Uzbekistan’s Southwest Branch has expanded its coverage area in the region and connected the under-construction MTO Gas Chemical Complex in Bukhara Region to the network. Several thousand specialists will work at the facility, and in the future, one of the world’s largest polymer production plants will be launched there. The Karakul SEZ is located…
According to EastFruit analysts, the watermelon market in Uzbekistan and Central Asia is currently facing significant challenges. Producers are reporting a lack of demand, leading many to leave their watermelons unharvested in the fields. Some have resorted to harvesting watermelons solely to feed them to livestock. EastFruit’s wholesale price monitoring indicates that small wholesale prices for fresh…