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Uzbekistan’s new leaders have removed a number of business barriers. As a result, investment into the country and cross-border trade are picking up. Today, investments from China, Germany, Switzerland and other developed economies are pouring into Uzbekistan.
The economic trend reflects the improved investment climate and the introduction of modernization programs for the mining, electrical, transport, and housing sectors. The country is importing more equipment for the reconstruction and construction of mines, processing plants, factories, etc.
In February 2020, the AsstrA international corporate group is opening a representative office in Tashkent, the capital of Uzbekistan. AsstrA is getting closer to the country’s companies and expanding its presence in Asia.
“Uzbekistan is an emerging market with a growing economy that is becoming more business- friendly every year. The AsstrA team has good long-term growth prospects in the region,” says Margarita Dyadyaeva, AsstrA Almaty Branch Manager and Kazakhstan Region Country Manager.
The volume of goods imported from China and Southeast Asia is growing. These goods are mainly consumer items, clothes, dishes, household appliances and electronics. Global brands are interested in distributing products to Central Asia. AsstrA’s team of Uzbek native speakers on the ground in Tashkent help speed up negotiations and understand how business gets done locally.
“Uzbekistan is a unique market with a fresh mentality and eager Сustomers. Over the past three years, the flow of goods along trade lanes involving the country has significantly increased. That’s why we are opening a representative office in Tashkent. It brings us closer to the market and will help us win the trust of local clients and partners,” says Sergej Omelyanyuk, CIS Regional Director at AsstrA.
AsstrA’s representative in Uzbekistan offers professional railway transportation services. The company provides turnkey transport and logistics solutions and is constantly developing supply chains for the metallurgy, automotive, high-tech, and engineering sectors. The team of experts also offers cargo insurance, customs clearance support, project logistics organization, and consulting.