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1

Monthly review for January 2011: Uzbekistan

In this issue:

2 Laws & Legislations
2 Politics and Economics
2 European Union to open its representative office in Tashkent
2 Emomali Rahmon appoints new ambassador to Uzbekistan
2 FRDU charter capital to reach US$10bn by 2014
2 Uzbekistan’s economy to grow by 7% in 2011 - UN report
2 President signs decree on additional measures to improve passport
system
3 Industry News
3 Uzbekistan to invest almost US$7bn to infrastructure development in
2011-2015
3 Kyrgyzstan and Uzbekistan agree on gas price
3 Uzbekistan to construct Technology Park for US$200m in 2011-2015
3 Uzbekneftegaz plans to modernize Bukhara and Ferghana oil
processing plants
4 Banking
4 Uzbekistan sets new tax rates for individuals
4 UzKDB Bank to increase charter capital to 23.643bn soums
4 Central Bank replaces license letterheads to MFOs
4 Uzbekistan to attract US$2.913bn of foreign investments in 2011
5-6 Corporate News
5 U.S. Tech firm Honeywell to make CNG equipment in Uzbekistan
5 Uzbekneftegaz, KOGAS discuss ongoing projects’ implementation in
Uzbekistan
5 Uzbekneftegaz in talks with Japan Gas Corporation delegation
5 GM To Build New Chevy Sedan in Uzbekistan
6 Gazprom increases gas purchases from Central Asia by 2% in 2011
6 Uzbekneftegaz to purchase 100 gas filling compressor stations in 2011
6 BFM Group Ukraine develops business-plan for Uzbekistan
6 Russian-Uzbek JV Andijancable to invest US$7.8m to production
modernization
6 IPO and M&A news
Russia's Sberbank to buy Troika Dialog to boost investment arm
6 Upcoming events
7 Indicators
8-9 Tenders list
10 AFS-Research productline
11 AFS Research services

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