bne IntelliNews put some questions to Ulugbek Sayidov, first deputy chairman of the board of Uzbekistan’s national oil company Uzbekneftegaz, on prospects for the development of the country’s energy sector, during the Uzbek-German summit in Berlin.
It was only a matter of time before attention of frontier market investors turned towards Uzbekistan. The first two funds are being set up targeting both public markets and private equity strategies.
A hermit state no more, Central Asia’s most populous nation is taking a second bite at the foreign investment cherry. There is huge interest.
Part-time workers were disproportionately affected by pay delays, with 22% saying they had received late pay, compared to 14% of full-time workers.
Uzbekistan is coming in from the cold, and foreign investors will keep a keen eye on opportunities that might be opening up in 2019, the third year of the country’s new era.