The Uzbek government is planning to allocate collateral-free loans to fisheries.
During a meeting on supporting the production of animal and poultry products on April 17, Uzbekistan's President Shavkat Mirziyoyev noted the potential for ramping up fish production to 850,000 tonnes. To help meet this objective, unsecured loans of up to UZS 50mn ($4,370) will be allocated to fish farm projects under family entrepreneurship programmes. Additionally, natural reservoirs will be leased to fish farmers via online auctions.
Some 290 projects were implemented in the Uzbek fisheries sector in 2022.
The country's number of poultry farms, meanwhile, has reached 1,300. Eggs supply is up 4% and meat supply 28%.
The number of heads of cattle in Uzbekistan now totals 14mn, while there are 24mn sheep and goats, government statistics show.
Funds totalling $35mn will be allocated from the Fund for Reconstruction and Development this year towards the provision of feed and working capital to poultry farms, officials earlier said.
In addition, subsidies for the import of breeding chickens introduced last summer will be expanded. Officials want to see the annual production of poultry meat pushed up to 800,000 tonnes.
By the end of this year, a livestock labelling and identification programme will start, partly funded by the World Bank.
Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y. The results report, compiled by the TSE and Avesta Investment Group, ... more
Uzbekistan’s basalt industry has attracted an investment of $498mn. The focus on basalt stone mining and fibre production, particularly in the Forish district of Jizzakh region, has become a ... more
Coca-Cola Ichimligi Uzbekistan has announced plans to invest $165mn in constructing two new factories, Spot reported on April 8. The first factory, to be situated in ... more