The government of Uzbekistan last week signed loan and guarantee agreements with the World Bank Group, UAE-based developer Masdar, and the Asian Development Bank (ADB) to finance the first 100-megawatt solar photovoltaic power plant in the country.
Investments in Uzbekistan's economy should reach $17 billion next year, President Shavkat Mirziyoyev said Friday (Dec. 28) during his annual address to the Houses of Parliament.
Uzbekistan has entered the top 10 reforming countries to create the most favourable conditions for doing business according to a World Bank report.
Business registration in Uzbekistan has been simplified with the launch of a unique national automated system. Applicants can register online and obtain a certificate of state registration within 30 minutes.