JSC “Uzautomotors” plans to issue Eurobonds

On October 27, 2020, Shavkat Mirziyoyev signed the Decree “On measures to accelerate the reform of enterprises with state share and the privatisation of state assets” No. 6096. The main goals of the reform and privatisation are to reduce the cost of production and make it competitive. The Decree provides for the approval of Annex […]

Privatisation of state assets in Uzbekistan will be pushed forward

The Decree of the President of the Republic of Uzbekistan “On measures to accelerate the reform of enterprises with state share and the privatisation of state assets” was adopted on October 27, 2020. The Decree provides for the approval of: 1) a list of large state-owned enterprises and business associations subject to transformation; 2) a […]

The Central Securities Depository informed about the upcoming transformations

On October 23, 2020, an online conference was held at the State Enterprise “Central Securities Depository” where and investment agents took part. At the conference, investment agents were informed about current work of the Central Securities Depository on the implementation of development plans, about the upcoming transformation of the Central Securities Depository into a joint-stock […]

The procedure for shift work

The Cabinet of Ministers of the Republic of Uzbekistan adopted the Resolution “On approval of the regulations on the shift method of construction and installation works at important and remote sites” No. 636 dated by October 09, 2020 (hereinafter referred to as the “Resolution”). This Resolution covers the following matter: Organisation of work; Organisation of […]

Сorporate legislation of the Republic of Uzbekistan has been amended

President of Uzbekistan Shavkat Mirziyoyev signed the Law “On amendments and supplements to certain legislative acts of the Republic of Uzbekistan” No. 640 dated by 05.10.2020, which amended and supplemented the laws “On joint stock companies and protection of shareholders’ rights”, “On the securities market” and the Economic Procedure Code. This package of amendments to […]

Land plot can be subleased now

President of Uzbekistan Shavkat Mirziyoyev signed the Law “On amendments and supplements to certain legislative acts of the Republic of Uzbekistan in order to increase the efficiency of the use of agricultural land and forest estate” No. 639 dated by 29.09.2020, which amended and supplemented the laws “On farming”, “On dekhkan farms” and the Land […]

Uzbekistan’s Ministry of Health has issued Request for Proposals for first PPP project in health sector

The Ministry of Health of the Republic of Uzbekistan, with the assistance of the Public-Private Partnerships (PPP) Development Agency under the Ministry of Finance, approved the tender documentation for the PPP Project for Dialysis services in Uzbekistan and on August 21, 2020 invited applicants that passed the prequalification selection to submit their technical and financial […]

Uzbekistan’s Ministry of Energy has launched Request for Qualifications the first wind PPP project in Karakalpakstan with the support of EBRD

The Government of Uzbekistan (“GOU”) is committed to the general goals of policy for improving energy efficiency and increasing the share of renewable energy in the country’s energy balance. As part of this initiative, GOU with support from the EBRD has launched a program for the development of wind power projects for a capacity of […]