News

On 13 June, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with the Chairman of the Board of China Energy Song Hailiang, during which they discussed the current state of the implementation of joint projects and prospects for further development of mutually beneficial cooperation. During the meeting, the progress of the implementation of projects for the construction of photovoltaic stations in the Kashkadarya and Bukhara regions with a total capacity of 1000 MW and a cement plant in Samarkand region with a capacity of 3 million tons was considered in detail.

The Chinese company Anhui Conch Cement has commissioned a new cement plant in Kashkadarya region.

UzAssets reached an agreement on the sale of a state share in the amount of 86.92% in the authorized capital of Qizilqumcement JSC to the United Cement Group through its holding company United Cement Group plc for 1.89 trillion soums.

In January - September 2021, 2.2 million tons of cement were imported from abroad to Uzbekistan

According to the State Statistics Committee, in January-August 2021, Uzbekistan produced about 8 million tons of cement.

Uzbek authorities will decrease income tax rate for cement (clinker) producers from 20%

President of the Republic of Uzbekistan Shavkat Mirziyoyev, at a meeting with entrepreneurs of the country, spoke about plans to improve the tax sector and to minimize the tax burden on business in Uzbekistan