Author: Manager

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 […]

UZBEKGIDROENERGO, the country’s state hydropower producer and developer, announced its intention to list bonds on the London Stock Exchange

The announcement by Abdugani Sanginov, Chairman of the Board of Joint-Stock Company “Uzbekgidroenergo” (the Company), comes in line with the strategy set by Shavkat Mirziyoyev, the President of Uzbekistan, for state entities to attract loans from international financial institutions without state guarantees. Uzbekistan is looking forward to committing to international best practice and building investment […]

New judicial panel at the Supreme Court of the Republic of Uzbekistan will now consider investment and competition disputes

New decree of the President of the Republic of Uzbekistan dated July 24 approved establishment of the Judicial Panel for resolution of investment disputes and competition cases in the framework of the Supreme Court of the Republic of the Uzbekistan. The decree endowed the Judicial Panel with the authority to consider investment disputes arising between […]

Limited liability companies can issue bonds now

On July 22, the President of the Republic of the Uzbekistan signed the law which amended and supplemented the laws “On joint stock companies and protection of shareholders’ rights”, “On limited and additional liability companies” and “On capital market”. This amendment to the legislation on the capital market was initiated and developed by the Capital Market […]

Investment Protection Agreement between Uzbekistan and Turkey is effective now

The Ministry of Foreign Affairs of the Republic of Uzbekistan reported that the intergovernmental Agreement on mutual promotion and protection of investments entered into force on July 9th. The document was signed during the visit of the President of the Republic of Uzbekistan to the Republic of Turkey on October 25th, 2017. It will replace the […]

Uzbekistan’s Ministry of Energy has launched Request for Qualifications for three PPP projects with the support of international financial institutions

The Government of the Republic of Uzbekistan is implementing an ambitious renewable energy strategy to deploy in the next 10 years up to 5GW of cost effective and environment-friendly solar generation to meet the large demand increase of the country. In June, the government launched a request for qualifications for the first photovoltaic project in […]

Uzbekistan takes measures on further improvement of alternative dispute resolution mechanisms

In accordance with the Decree of the President of the Republic of Uzbekistan No. PP-4754 “On measures on further improvement of the alternative dispute resolution mechanisms” dated June 17, 2020, starting from 1 August 2020 the Appeal Boards for the pre-trial settlement of disputes between individuals, legal entities and government agencies (hereinafter referred to as […]