• KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.09386 0%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 2

First Electric Vehicles Roll Off China’s BYD Assembly Line in Uzbekistan

On June 27, Uzbekistan President Shavkat Mirziyoyev joined his Chinese partners in witnessing the start of production of electric vehicles at the BYD Uzbekistan Factory in Jizzakh. The visit marked the completion of first phase of the project which will have the capacity to manufacture 50,000 electric vehicles per year. Costing $160 million, the plant is furnished with modern equipment and robotic systems from China, as well as a laboratory for high-precision testing of the geometric dimensions of electric vehicles. The plant currently manufactures the Chazor and Song Plus Champion and President Mirziyoyev left his signature on the first electric car that rolled off the assembly line. In the coming years, the range of models will expand. During the second phase, costing $300 million, manufacture will increase to up to 200 thousand electric vehicles per year, and in the third stage, at a further cost of $500 million, up to 500 thousand vehicles. In tandem with the rising volume of vehicles produced at the plant,  local production of related parts will also increase. Starting with bumpers, glass, varnished and plastic parts, plans are in place to establish new enterprises to produce batteries, electric motors, aluminium parts, tires, and seats. The plant currently employs 1.2 thousand people and once all three stages are complete, the number of jobs will reach 10 thousand.    

Construction of Gas Chemical Complex, Solar Plant and Airport begins in Bukhara

On May 31, construction began on three large facilities in Uzbekistan’s Bukhara region. Officially launched by President Shavkat Mirziyoyev, the ambitious development comprises a gas chemical complex, a solar power plant, and an international airport. The gas chemical complex, to be built in the Karakul free economic zone, is the first plant in the country to employ methanol- to- olefins (MTO) technology. The project aims to attract some $5 billion in investments and advanced technologies from the USA, Germany, Denmark, Austria, Italy, and China. Once completed, the complex will process 1.3 billion cubic meters of natural gas and 430 thousand tons of naphtha per year and manufacture 1.1 million tons of polymer products, in high demand by both domestic and global markets. Two thousand new jobs will be created. The second facility, a 250-megawatt solar power plant to be built by Masdar from the United Arab Emirates, will be connected to the unified energy grid in December 2025. The third initiative is a new international airport which will be much welcomed by the ever-increasing volume of foreign tourists visiting Uzbekistan. In 2023 alone, some 1.4 million tourists flew into Bukhara. Built through private partnership at a cost of $226 million, the airport will have the capacity to process 1.2 thousand passengers per hour.  Designed to meet international standards, the airport will both improve the quality of service and help attract more international airlines to Bukhara.  

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