Latest news with #NewUzbekistan
Euronews
01-07-2025
- Business
- Euronews
Tashkent: Euronews launches its new office in Central Asia
On June 30, a symbolic day for the country celebrating Youth Day, Euronews officially opened its regional office in a move that indicates the strengthening of its presence in Central Asia as it creates a new platform for media development. The event's first part took place inside the brand-new Euronews office in Tashkent. During the office tour, the Press Secretary of the President of Uzbekistan, Sherzod Asadov, met with the local editorial team and praised the work already accomplished in a short time. The opening ceremony brought together more than 100 guests, including senior government officials, ambassadors, and representatives of international organizations. As noted by the Chairman of the Euronews Board of Directors, Pedro Vargas David, the office will become a unique media bridge, because Euronews is not just an information platform, but also a space for intercultural dialogue and interaction. "Our office is driven not by borders, but by interesting stories. So we look for them here and bring them to the whole world. We are extremely interested in economic reforms, how the country is developing and presenting itself to the whole world," Vargas added. 'The liberalization of the information sphere is one of the priorities of New Uzbekistan. Thanks to the political will of the president, we have made significant progress in strengthening journalistic freedoms, expanding access to information, and encouraging open dialogue between media, society, and the state', Asadov stated. He added that the Euronews presence in Uzbekistan will serve as a key tool in helping young people access objective, global perspectives and foster critical thinking. The Euronews Tashkent team has already hit the ground running. Local journalists and producers have been working to create content across a variety of flagship formats including 'Focus', 'Silk Road Adventures','Changemakers', 'Business Line'. These programs are not only telling the story of Uzbekistan's past and present, but also its aspirations for the future, through the voices of those making a difference on the ground.
Cision Canada
10-06-2025
- Business
- Cision Canada
Uzbekistan Sees Foreign Investment Growth of over 60 per cent in 2024
'New Uzbekistan: The Big Country With Big Opportunities – Reform In Action' FDI Report unveiled as Tashkent International Investment Forum Gets Underway TASHKENT, Uzbekistan, June 10, 2025 /CNW/ -- Foreign investment in Uzbekistan is growing rapidly as the country saw an over 60 per cent increase during 2024 to reach $34.9 billion, a report released today by the Ministry of Investment, Industry and Trade (MIIT) of the Republic of Uzbekistan confirmed. International investments in the country are projected to reach $42 billion in 2025 as momentum grows. The report: 'New Uzbekistan: The Big Country With Big Opportunities – Reform In Action', showcases the country's ongoing journey to becoming a leading destination for FDI. Uzbekistan has taken bold steps in overhauling its tax structure, streamlining regulations and modernising its legislative framework to make doing business simple, faster and more transparent. Spearheading this process has been part of the "Uzbekistan 2030" strategy, a future-focussed roadmap designed to transform every facet of the national economy. No fewer than 18 companies have lined up for Initial Public Offerings (IPOs), proof that Uzbekistan is finding favour with private capital. Key highlights of the report include: A growing green energy sector, with target to increase renewable generation to 26 per cent by the end of 2025; Sovereign bond issuance was $12 billion from 2019 to 2025 via listing on the London Stock Exchange, and $2.84 billion already in 2025; Investment of $3 billion in an AI-enabled and sustainable data centre with a capacity of 250 MGWs; As of April 2025, Uzbekistan had established 28 Special Economic Zones (SEZs), 389 Small Industrial Zones (SIZs), 23 technology parks, and 355 clusters. These zones host a total of 6,997 enterprises, including 1,032 in SEZs, 2,981 in SIZs, 2,606 in technology parks and 378 in clusters; 76 strategic projects worth over $2.6 billion planned over the next three years, to boost extraction and processing of 28 essential minerals; Equity markets journey, spearheaded by the launch of Uzbekistan's National Investment Fund (UzNIF) with Franklin Templeton appointed Trustee and Fund Manager; 40 per cent of Uzbekistan's population is under the age of 25; E-commerce is projected to comprise of 9–11 per cent of total retail sales by 2027. The report was officially launched on Day 1 of the Tashkent International Investment Forum, where global investors, policymakers, and business leaders are discovering the true New Uzbekistan: The Big Country with Big Opportunities. With this year's theme of "Reform in Action", over 3,000 international participants from 95 countries are expected to attend the Forum, taking place at CAEx Uzbekistan from 9 to 12 June.
