Жаңалықтар

According to the information published on the Unified Portal of Corporate Information, UzAuto Motors is planning to issue Eurobonds in the amount of USD 300 million in 2021 with a maturity of 5-7 years. It is noted that UzAuto Motors will place Eurobonds on the London stock exchange.

On the basis of the Presidential Resolution No.4799 “On measures to organize the construction of a new thermal power plant with a capacity of 1500 MW in the Sirdarya region” dated August 10, 2020, it was envisaged to build a thermal power plant on a turnkey basis in the Boevut district and in the city of Shirin of the Sirdarya region.

The Resolution of the Cabinet of Ministers No.ПКМ-657 “On measures to create a small industrial zone in the Yangiyul district of the Tashkent region” (the “Resolution No.ПКМ-657”) provides for the opening of a small industrial zone with an area of 36 hectares.

In accordance with the Resolution of the Cabinet of Ministers No.674 “On measures to improve the system of disclosure of information on business entities with state participation and state unitary enterprises” dated October 30, 2020 the following proposals of the Agency for State Assets Management, the Ministry of Information Technologies and Development of Communications as well as the Ministry of Economic Development and Poverty Reduction were approved.

The Presidential Decree No.УП-6098 “On organizational measures to reduce the shadow economy and improve the efficiency of tax authorities” dated October 30, 2020 (the “Decree No.УП-6098”) provides for measures to reduce the share of the shadow economy in the country.

Abdullajon Otaboev has been appointed Head of the Department for Development of Generation Based on Renewable Energy Sources of the Ministry of Energy.

On November 3, 2020, the Cabinet of Ministers adopted a Resolution “On measures to organize the activities of the National Venture Fund “UzVC”” No.ПКМ-684.

Fitch Ratings has assigned an expected Long-term rating of 'BB- (EXP)' to the upcoming issue of Ipoteka-Bank's senior unsecured US dollar-denominated Eurobonds.

On October 28, 2020, the Cabinet of Ministers adopted Resolution No.663 “On Approval of the Regulation on the Procedure for Licensing Activities in the Field of Atomic Energy Use” (the “Resolution No.663”).

The Resolution of the Board of the Central Bank, registered under No.3042-2 dated November 6, 2020 amended the Regulation “On the procedure for registration and licensing of credit bureaus” (the “Regulation”).