INFORMATION DIGEST OF PRESS OF UZBEKISTAN - February 2, 2016

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ECONOMY
UN acquainted with the socio-economic development of Uzbekistan in 2015 and important priorities of economic program for 2016

TRANSPORT
Dream Flight

INTERNATIONAL COOPERATION
Spain’s Talgo will deliver two high-speed trains to Uzbekistan.


economy

UN acquainted with the socio-economic development of Uzbekistan in 2015 and important priorities of economic program for 2016

The Headquarters of the United Nations in New York as an official document of the 70th session of the UN General Assembly in six official languages, distributed information on the results of socio-economic development of Uzbekistan in 2015 and important priorities of economic program for 2016.

The President’s report indicated that, despite the ongoing global financial and economic crisis, stable and sustained high rates of economic growth and macroeconomic balance had been achieved as a result of the consistent and systematic implementation of the main activities and priorities of the economic programme in 2015, a comprehensively designed programme to ensure far-reaching structural reforms and the reliable protection of private property and small business interests.

It was emphasized that achievements and prospects for the country’s economic development, which were commended by authoritative financial and economic organizations and centres of learning, had reaffirmed the highly effective and successful development strategy chosen — one recognized worldwide as the “Uzbek model” of reform. The prestigious World Economic Forum had ranked Uzbekistan among the top five countries with the fastest growing economies in the world on the basis of its development in 2014-2015 and growth projections for 2016-2017.

A set of systemic measures are being implemented to fundamentally alter the ownership structure, to reduce the presence of the State in the economy and to change corporate governance principles and approaches. A modern governance structure has been introduced to all joint-stock companies.

A set of laws and regulations has been adopted to strengthen guarantees for and protect the legitimate rights of private owners and entrepreneurs, and to simplify and facilitate the establishment and implementation of entrepreneurial activities through one-stop centres that deliver public services based on the “one-stop shop” principle. Thanks to these measures, the share of GDP attributable to small business in Uzbekistan grew to 56.7 per cent, or by 1.8 times compared to the year 2000.

The attention of heads of State administrative bodies, economic boards and local executive authorities has been drawn to the need to harness all available reserves and opportunities in order to fully meet projections for economic and social development, investment and new facilities for the current year, to make continuous technological upgrades for manufacturing and to achieve the balanced and integrated development of regions and economic sectors.

A particular focus has been placed on ensuring the implementation of programme measures to achieve the goals and targets set for the current year, established in connection with the declaration of 2016 as the Year of the Healthy Mother and Child, including measures to further strengthen the system for family, maternal and child welfare; to establish and enhance the logistical and human resources capacities of perinatal and screening centres, as well as nursing services; to improve the level and quality of care for young mothers and children; and to create a healthy spiritual environment in the family.

(Source: IA «Jahon»)

Transport

Dream Flight

Civil aviation of Uzbekistan is marking a special day today. On this day 24 years ago, President Islam Karimov signed a decree on the establishment of the National Company Uzbekistan Airways. It has passed a long way through the years to rank among the CIS leaders in safety, effectiveness, and traffic.

Seeing the new generation aircrafts with the logo of Uzbekistan Airways in dozens cities around the world today, as well as modern airports in all regions of the country, passengers can hardly imagine the extremely difficult situation that challenged the Uzbek civil aviation 24 years ago.

Being a part of a huge system of the Soviet Aeroflot, the facilities have suddenly turned out on their own in just a couple of months. Those days, the country had no technical platform for modern aircraft maintenance and pilot training, did not produce aviation fuel, despite the fact of regular exports of oil and gas to other Soviet republics. In spite of these difficulties, and perhaps despite them, the domestic aviation got on its wing.

The progressive movement forward was built on phased fleet renewal program, on the modernization of the entire terrestrial infrastructure, which further helped to ensure the quality and safety of airline services not only in the sky, but also on earth. Today, the reliability and stability of the national airline of Uzbekistan is backed by modern aircrafts and high proficiency of the staff.

(Source: «Uzbekistan Today» newspaper)

International cooperation

Spain’s Talgo will deliver two high-speed trains to Uzbekistan.

The contract that paved the way for the delivery of two trains was signed in December last year during the International Investment Forum in Tashkent. Under the contract, Uzbekistan will purchase four leading carriages and twenty passenger cars as well as two dining cars to form two train stocks, each able to accommodate up to 287 passengers.

Uzbekistan has already made an advance payment while the Spanish company is in the middle of making the main structure of trains.

The brand new trains will run along the Tashkent-Bukhara line set to be launched in August this year. The net worth of the construction is upwards of $400 million. Once the high-speed trains are launched, the travel distance will be cut by two hours while maintenance costs will be decreased by nearly 30%.

Four leading carriages and 18 passenger carriages made by Talgo have run along domestic railroads for more than five years. They have been named in honor of the ancient Afrosiyob city and serve passengers who travel along Tashkent-Karshi route. Over 750,000 people have been transported over this period.

All told, the domestic trains transported 20.7 million passengers and 67.7 million tons of cargo and provided export services to the tune of roughly $347 million.

(Source: «Uzbekistan Today» newspaper) 

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