The freight forwarding market in Uzbekistan, which connect shippers and carriers, is estimated at $520 m. 90% of the share is occupied by foreign companies. To increase the share of local freight forwarders to 50%, they will be exempted from VAT. President ordered to diversify foreign trade routes.
Shavkat Mirziyoyev and BYD president Wang Chuanfu discussed plans for BYD’s involvement in the project to develop green transport in Uzbekistan. This includes establishing a research center, developing technical regulations and standards, and producing BYS’s Blade batteries and electric buses.
The Tashkent-Andijan toll road project will cost $4.65 billion, deputy transport minister of Uzbekistan Jasurbek Choriyev said. The feasibility study is expected to be completed by the end of June. He also mentioned the Trans-Afghan railway and other projects.
During talks with the head of Uzbekistan, the president of Kazakhstan noted that the “Kazakh-Uzbek tandem is a vital necessity, and only through joint efforts is it possible to ensure sustainable development of our countries”. The presidents discussed enhancing cooperation across various sectors.
Eco-stickers for transportation is expected to be required across Uzbekistan, starting from June 1. Most vehicles are to receive free stickers, with new cars and electric vehicles getting green stickers. Compensations and fines are anticipated to regulate entry into eco-zones.
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