American-Uzbekistan Chamber of Commerce

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In This Issue:
Uzbekistan to work out electric power system development strategy
Korea to start new healthcare project in Uzbekistan
Turkish company completes project to expand cement plant in Uzbekistan
Uzbekistan, Saudi Arabia mull bilateral relations
Reminder: Invitation to Attend 2016 US-Uzbekistan Annual Business Forum in Tashkent: November 30
A Science and Technology Center will be established under Uzbekenergo JSC upon Uzbek President Islam Karimov's decree.
The Science and Technology Center will be charged with working out a development strategy of the electric power industry, the decree said.
According to the decree on "Measures on further improvement of the scientific and technical activity in the electric power industry", the center, which is being established on the basis of the abolished Institute of Energy and Automation under the Uzbek Academy of Sciences, will carry out applied research development for the electric power industry, test and implement the perspective domestic development.
The center will also work out new strategies for the development of the energy sector, including medium and long term programs of modernization of energy companies to introduce ecological and renewable energy sources, the decree said.
Currently, Uzbekistan's power system includes 45 power plants with a total capacity of over 12,800 megawatts.
According to Uzbekenergo, electricity production increased by 3.6 percent up to 57.6 billion kilowatt / hours in the country in 2015.

Director of KOICA Uzbekistan Office Im Jeong Hee and the Deputy Minister of Health of Uzbekistan Laziz Tuychiev have signed a protocol on the implementation of a new project "Creation of a center of excellence of medical personnel of the Children's Diversified Medical Center and the 4th-level highly specialized multidisciplinary clinic" in Tashkent, the Jahon information agency reported.  
Korea International Cooperation Agency (KOICA) that implements government programs of gratuitous assistance is intent on delivering a project with a budget of 7 million US dollars over the next five years (2016-2020). The scheme seeks to set up and use an innovation center in order to improve the quality of care in pediatrics, capacity building among specialists of pediatric areas for advanced skills in surgery, training and research in the innovation center, and reduce mortality and morbidity. 
Speaking at the signing ceremony, Laziz Tuychiev thanked the Agency for the fruitful cooperation and expressed hope that the training center being established under the project will be one of the best institutions for medical workers in Uzbekistan. In response, Im Jeong Hee noted that "the children's multidisciplinary medical center will be built in Tashkent in 2017 with the assistance of the Economic Development and Cooperation Foundation of the Republic of Korea (EDCF), which has allocated preferential loan of more than 102 million dollars." 
Uzbekistan's contribution to the project will amount to 27 million dollars, including $20 million in the form of tax and customs privileges. The center will be designed for 1,500 surgeries a year. The project includes also the organization of workshops in South Korea and Uzbekistan.

Turkey's DAL Teknik Makina company has completed the implementation of the project worth $35.8 million to increase the capacity of a cement plant in Uzbekistan's Jizzakh region, the Uzbek Economy Ministry said in a message July 28.
Almalyk Mining-Metallurgical Complex JSC commissioned a cement plant worth $114.2 million in 2014 in Uzbekistan's Jizzakh region.
The project was financed by the Almalyk complex in the amount of $40 million and the loan of Uzbekistan Reconstruction and Development Fund in the amount of $114.2 million.
The enterprise's projected capacity was 350,000 tons of white cement or 760,000 tons of Portland cement per year. DAL Teknik Makina was the general contractor.
Commissioning of the cement plant allowed fully meeting the Almalyk complex's needs in cement, as well as to export a part of its production.
The Almalyk complex began to expand the plant in 2015. The project was financed by Uzbekistan Reconstruction and Development Fund in the amount of $14 million, by Almalyk complex ($9 million) and the loan of Uzbekistan's Mortgage Bank in the amount of $12.8 million.
As a result, the plant's capacity on Portland cement production rose by 31.6 percent - to one million tons.
The plant produced 510,400 tons of cement in 2015. It is planned to produce up to 650,000 tons of products in 2016.

Uzbekistan's Foreign Minister Abdulaziz Kamilov and his Saudi Arabian counterpart Adel bin Ahmed Al-Jubeir held negotiations, during which the sides discussed topical issues of bilateral relations within the visit of Uzbek delegation to Jeddah, the Uzbek Foreign Ministry said in a message July 28.
The sides also exchanged views on the upcoming meeting's agenda of the OIC (the Organization of Islamic Cooperation) Foreign Ministers Council, which is to take place in October of 2016 in Tashkent.
Adel bin Ahmed Al-Jubeir praised Uzbekistan's vision and approaches with regard to the country's priorities within its chairmanship in the OIC Foreign Ministers Council that are united in the slogan "Education and enlightenment - path towards peace and creativity."
Uzbek and Saudi Arabian foreign ministers noted the two sides' interest in progressive development of bilateral cooperation in various spheres and successful holding of the upcoming 43rd session of the OIC Foreign Ministers Council in Tashkent.
Uzbek Foreign Minister also participated in a meeting of senior officials of the OIC member countries, where the preparation for the upcoming OIC meeting in October in Tashkent was discussed.
The Organization of Islamic Cooperation was established in September of 1969 to ensure Islamic solidarity in social, economic and political spheres. The organization has 57 member states.
Uzbekistan became an OIC member in 1996.

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 

 © 2016 American - Uzbekistan Chamber of Commerce. All rights reserved.