American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
  
Week in Review:

August 23, 2013 - August 30, 2013
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2013 Marks AUCC 20th Anniversary

Since 1993 the American-Uzbekistan Chamber of Commerce has been at the forefront of advancing trade and business relations between the US and the Republic of Uzbekistan. AUCC prides itself in catering to the needs of our members, providing them with a platform to interact with policy makers in the US and the Republic of Uzbekistan and ensuring that bilateral commercial relations continue to be on the governments' top agenda.   

 

For the last twenty years AUCC has been a vigorous advocate of the views of the business community to ensure that private sector positions are considered during the development of policies that impact American businesses and the future of U.S.-Uzbekistan relations.    

 

We are delighted that today AUCC is a well-known organization that is recognized for its strength and ability to work closely with a great number of partner organizations. AUCC enjoys excellent working relations with the Embassy of the Republic of Uzbekistan in Washington, D.C., the Government of the Republic of Uzbekistan, Uzbek ministries, associations and organizations as well as the executive and legislative branches of the U.S. AUCC also coordinates its efforts with a great number of international financial institutions, business councils and other professional organizations.

If your company is interested in joining AUCC, please contact our office at 202-509-3744 or [email protected].  We invite you to be part of our organization and participate in our activities and events.   

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In This Issue:
AUCC IN BRIEF
Ambassador: USA and Uzbekistan equally interested in strengthening security in Central Asia
Uzbekistan to reconstruct a motor road in the country's east for $265 million
Modernization of Tashkent CHP completed in Uzbekistan
2013 US-Uzbekistan Annual Business Forum

Established in 1993, the American-Uzbekistan Chamber of Commerce (AUCC) is a private, non-profit trade association representing interests of U.S. businesses ranging in size from small private enterprises to large, multinational corporations conducting business in Uzbekistan.

Our Mission: To advocate the views of the business community to ensure that private sector positions are considered during the development of key policies that impact American businesses and the future of U.S.-Uzbekistan relations.

Our Objective: To serve the needs of its members by strengthening commercial relations between the United States and Uzbekistan.

en.trend.az  

 

The United States of America and Uzbekistan are equally interested in strengthening security in Central Asia and furthering the prosperity of the region, the U.S. Ambassador to Uzbekistan George Krol told the country's media outlets on Wednesday.

"We are pleased to support the initiatives of the Uzbek leadership and civilian institutions on providing regional security, the fight against terrorism, drug abuse and drug trafficking. We highly appreciate the huge contribution of Uzbekistan in strengthening peace and stability and in particular its continuous support to Afghanistan. We will consistently continue our large scale cooperation with Uzbekistan in implementation of corresponding projects and initiatives," the diplomat said.

According to him, the United States of America is interested in a solution of issues connected with management and rational use of water and energy resources and hope that the open dialogue will contribute towards this area.

Concerning cooperation between the two countries in investment, trade and economic spheres, Krol noted that negotiations held in Washington and Tashkent and in particular annual bilateral consultations contributed towards attracting equal partners in an open and friendly dialogue, covering all aspects of bilateral relations.

He also underscored that the U.S. supports Uzbekistan's desire for development and diversification of the economy, as well as use of existing capacities to promote regional trade and commerce. As the diplomat noted, promising areas of development of mutual cooperation are the spheres of science and technology, education and culture.

"I firmly believe that our relationship will develop for many years," the U.S. Ambassador to Uzbekistan said.

www.timesca.com  

 

Until 2016 Uzbekistan will reconstruct the Pungan-Namangan motor road (4P112) in the east of the country for $265 million, according to a decree of Uzbek President Islam Karimov published in local media.

The project will reconstruct the 75-kilometer road which is part of the Tashkent-Osh highway (A-373), replacing the existing two-lane asphalt surface with a four-lane concrete surface. The road is part of a transport ring connecting major cities of Uzbekistan's Fergana Valley (Andijan, Namangan, and Fergana regions in the east of the country).
A tender to choose a contractor for the project will be announced in the fourth quarter of this year.
The project will be financed through a $220 million loan from the Asian Development Bank (ADB) and $45 million from the Uzbek government.
To date, Uzbekistan has attracted ADB funds totaling $1.1 billion for the construction of its national highway network. The money has been used to reconstruct several sections of Guzar-Bukhara-Nukus-Beinau (A-380) and Tashkent-Andijan (A-373) roads with a total length of 450 km.
Besides the ADB funds, Uzbekistan has attracted $167.2 million from the Islamic Development Bank, $20.4 million from the Kuwait Fund for Arab Economic Development, and $30 million from the Saudi Development Fund.
In May 2009, the president of Uzbekistan approved a program to build a national highway network worth $3.44 billion until 2015. The program plans to build four road sections with a total length of 2,306 km. The program is financed by the Uzbek government ($2.07 billion) and through loans from international financial institutions.

en.trend.az 

 

A gas turbine unit (GTU) costing $62.9 million commissioned in Tashkent Combined Heat and Power (CHP) in Uzbekistan, a representative of State Joint-Stock Company (SJSC) "Uzbekenrgo" told to Trend on Monday.

According to the representative, the official ceremony of GTU launching took part at the end of last week.

The project is developed on the basis of proposals of Japanese New Energy and Industrial Technology Development Organization (NEDO).
In March 2010 construction works started in Tashkent CHP.

As reported, Japanese Tohoku Electric Power Co completed construction of GTU with the design capacity of 27 megawatts in March 2013. In the period till July they have tested the equipment installed. Electricity supply to the Integrated Energy System of Uzbekistan from GTU started in late July 2013.

Experts of Uzbek companies NP ESAN LTD and OGRES JSC and South Korean DKME company were involved to perform the commissioning work on the launch of GTU.
The contract between Uzbekenrgo SJSC and the Japanese company about the project implementation was signed in July 2009.

The project includes a gas turbine produced by the Japanese Hitachi with the generator with capacity of 27 megawatts and recovery boiler steam with total capacity of 47 tons per hour. Steam supply with parameters of 414�C and 30 kgs/sm2 is carried out in general-header superheated steam, and the issue of power - through the transformer 110/220 kV through power line 110 kV.

Machines and technical equipment, which in addition to the gas turbine includes a diesel generator and reducer, are manufactured and supplied by Hitachi. The supplier of the gas compressor is KOBELCO company - a leading Japanese manufacturer of compressor equipment.

The gas turbine unit will increase electricity production by nearly 228 million kilowatt / hour and will bring the total annual production of up to 400 million kilowatt / hour. The consumption of gas in the thermal power station will decrease by 39 million cubic meters.
The project was funded by a grant from NEDO in the amount of $ 38 million and own funds of "Uzbekenergo" - $ 24.9 million.

Tashkent CHP, one of major thermal power plants in Tashkent, was put into operation in 1961. Currently, its capacity constitutes 30 MW, annual output - about 170 million kWh of electric power.

Uzbekistan is planning to implement 24 projects in the power production development sphere with total cost of $ 3.5 billion until 2015, including eight projects on heat-and-power engineering providing additional capacities in the amount of 2.255 thousand MW, and 15 projects in hydroenergetics providing additional 440 MW.

Uzbekistan increased its electric power production by 0.2 percent in 2012 compared to 2011 - up to 52.534 billion kWh. In 2012 the amount of heat energy supply reduced by 0.2 percent to 18.876 million Gcal.

 

WHEN: 8.30 am - 3.00 pm, Thursday, September 5, 2013

   

WHERE: The Pavilion Room, The Ronald Reagan Building & International Trade Center  

1300 Pennsylvania Ave. NW 

Washington, DC 20004

 

This event is off-the-record 

 

On September 5, 2013, the American-Uzbekistan Chamber of Commerce (AUCC) will officially celebrate its 20th anniversary of building durable relations between the USA and Uzbekistan. The chamber's celebration will coincide with the 2013 US-Uzbekistan Annual Business Forum, an annual event that is fully organized and sponsored by AUCC members, including: Cameco Corporation, Case New Holland, Lockheed Martin, The Coca-Cola Company and FMN International, Inc. AUCC is proud to have the Ronald Reagan Building & International Trade Center as one of the event sponsors. 

The Uzbek delegation to the forum will be led by Minister of Foreign Economic Relations, Investments and Trade, Elyor M. Ganiev.

Minister Ganiev will be accompanied by senior Uzbek government officials, including:

 

Shokir Fayzullaev - Chairman, Uzbek Oil & Gas National Company

Khamidulla Shermatov - Chairman Uzbek Chemical Industry State Company

Tokhir Jalilov - Deputy Chairman Uzbek Auto Industry State Company

Mirzanozim Dusmuratov - Chairman Uzbek Pharm Industry State Company

 

Officials from the Ministry of Foreign Economic Relations, Investments & Trade and other government agencies will also join the delegation.

 

The 2013 US-Uzbekistan Annual Business Forum is viewed by the chamber as an opportunity to call for stronger business engagement between the US and Uzbek Governments in order to help American and Uzbek people further improve their socio-economic situation and achieve greater financial prosperity. The forum alternates annually between Tashkent and Washington, DC. This year's forum will be held at the Pavilion Room of the Ronald Reagan Building located at 1300 Pennsylvania Ave. NW, Washington DC, 20004  

 

For more information about the event, please contact AUCC office at [email protected] or call us at 202-509-3744. 

 

Thank you for your attention and response.  We look look forward to seeing you on Thursday, September 5, 2013. 

Sincerely,

 

The American-Uzbekistan Chamber of Commerce

[email protected]

202-509-3744


CONTACT INFORMATION:aucc logo
The American-Uzbekistan
Chamber of Commerce
 
1300 I Street, N.W.,
Suite 720W
 
Washington, DC 20005
 
phone: 202.509.3744
 
[email protected]

www.aucconline.com