American-Uzbekistan Chamber of Commerce

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In This Issue:
Uzbekistan can attract a loan of $450 million in 2017 from the Asian Development Bank (ADB) to implement the second phase of modernization of the Talimarjan Thermal Power Plant in the south of the country.
Uzbek government submitted an appropriate loan application to the bank, said ADB in a message posted on its website July 11.
The application is expected to be considered in early 2017.
In the second phase of Talimarjan power plant's modernization, which is to have an initial cost of $910 million, it is planned to construct two steam-gas plants at a capacity of 450 megawatts each.
The steam-gas plants are expected to be built in 2018-2021.
Uzbekistan's Uzbekenergo JSC started the first phase of Talimarjan power plant's modernization in 2013.
A consortium of South Korean companies, which includes Hyundai Engineering & Construction and Daewoo International, is the main contractor for the two steam-gas plants' construction.
Japan's Mitsubishi Corporation is the supplier of the steam-gas installations.
The funds for the Talimarjan power plant's modernization project are provided through loans of the ADB ($350 million), Japan International Cooperation Agency ($300 million), the Uzbek Fund for Reconstruction and Development ($240.86 million) and Uzbekenergo's own funds.
The project is planned to be completed in December 2016.

Uzbekistan and Lithuania discussed the current status and prospects for bilateral cooperation, said the Uzbek parliament's lower house.
The discussions were held by a delegation of Lithuania's parliament, led by head of the Group for Interparliamentary Relations with Uzbekistan Valerijus Simulik, and deputy speaker of the legislative chamber of Uzbek parliament Sarvar Otamuratov.
During the meeting, the parties exchanged views on cooperation between the higher legislative bodies of Uzbekistan and Lithuania.
They emphasized the necessity for further expanding the interparliamentary cooperation and intensifying the exchange of experience in lawmaking.
Simulik noted that the Group of Lithuanian Seimas (parliament) for Interparliamentary Relations with Uzbekistan plays a great role in further expanding the relations between the two countries.
The Lithuanian delegation also held talks with the leadership of Uzbekistan's Ministry of Foreign Economic Relations.
During the talks, the parties discussed the prospects for cooperation in trade, economy and investments, transportation and logistics.

The second Celtic Cooling system for client Gold Dried Fruits has arrived in Tashkent, Uzbekistan. This 500 kW / -43 C - IQF (Individually Quick Frozen) facility will be set up in their new production and storage centre for fruits and vegetables, the largest in Central Asia. Land transportation and installation will take several weeks.
The new storage facility for fruits and vegetables of Gold Dried Fruit was officially opened on 23 May. Celtic Cooling is contributing to the project of more than 10,000 m2. The opening was broadcast live on Uzbek television.
Gold Dried Fruits (GDF) cultivates its own fresh produce, processes those into dried fruits and vegetables and then markets them. To service the domestic market, GDF needed a logistics centre in one location. Moreover, Uzbek exporters can now also supply off-season. Celtic Cooling has provided, among other things:
  • *    4,500 tonnes capacity of fruit / ULO (ultra-low oxygen) cells;
  • *    700 tonnes capacity of cooling cells;
  • *    1,600 tonnes capacity of vegetable storing cells;
  • *    1 centrally located sorting area.
Within the facility, a decentralised lay-out was chosen, so that systems can take over each other's tasks when there are technical malfunctions. Production capacity can also be adjusted to temporary lower demand. 
Celtic Cooling already sold three IQF systems to GDF. The first will be put into operation in two weeks. The second one will follow after the summer. Celtic Cooling is building a second facility for GDF in the southern city of Termez, where a third IQF system will be set up.

Invitation to Attend

2016 U.S.-UZBEKISTAN 
ANNUAL BUSINESS FORUM
 
8.00 am - 4.00 pm

Wednesday, November 30, 2016
Tashkent, Uzbekistan

Keynote address by:
 
Deputy Assistant Secretary 
Michael A. Lally 
U.S. Department of Commerce

(agenda to follow)

Click here to register

PLATINUM SPONSOR
GE

Please join us at the 2016 U.S.-Uzbekistan Annual Business Forum in Tashkent, which is a signature event by the AUCC member-companies.  

The AUCC delegation to Uzbekistan will be led by the chamber's Chairperson Carolyn B. Lamm and President Steven T. Nadherny.  We are pleased to announce that Deputy Assistant Secretary of Commerce Michael A. Lally will travel to Uzbekistan with AUCC member-companies to give stronger boost to our efforts and further promote bilateral trade dialogue.  Minister of Foreign Economic Relations, Investments and Trade, Elyor Ganiev, is expected to represent the Government of Uzbekistan. 

"We are delighted to take our signature event to Uzbekistan this year and have DAS Michael Lally's support and participation.  Without a doubt, AUCC is the best example of the Private-Public Partnership and the most effective conduit for the US bilateral trade with Uzbekistan. AUCC has successfully channeled our assessment and vision of the country's technological and industrial modernization through the forum and used it as a platform to declare our readiness and will to better serve the interests of the American and Uzbek peoples," said AUCC Chairperson Lamm. "The chamber sincerely hopes that our commercial aspirations will continue to be supported by the Governments of the US and Uzbekistan that have both outlined business and commerce as a pillar of their bilateral agenda.  We are grateful to DAS Michael Lally for his leadership and attention to this part of the world," added AUCC President Nadherny.   

AUCC is a private, non-governmental, 501 (c)(6) trade association that was established in 1993 in Washington, DC.  The chamber is the oldest business group in the US and the Republic of Uzbekistan that exclusively represents commercial interests of the US corporations before the governments of our two countries.  

REGISTRATION DEADLINE:

Register here to indicate your interest in the event. Registration deadline is Monday, September 26, 2016.
 
SPONSORSHIP: 

For sponsorship opportunities, please contact AUCC at info@aucconline.com. 

VISA, HOTEL AND TRANSPORTATION IN TASHKENT: 

AUCC will provide assistance with visa, hotel and transportation for AUCC members and guests. Please contact AUCC at info@aucconline.com for details.  

APPLICATION FEE: 

Free for AUCC members (will be verified) and US Government representatives.  

$1,000 per person for all other guests and participants - The fee is non-refundable. 

Click here to make a payment and register for the event. 

CONTACT INFORMATION:aucc logo
The American-Uzbekistan
Chamber of Commerce
 
1030 15th Street, N.W.,
Suite 555W
 
Washington, DC 20005
 
phone: 202.509.3744
 
info@aucconline.com

www.aucconline.com 


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