A working meeting was held at the Agency for Industrial Cooperation and Public Procurement involving representatives from the US company Prestone PFX and LLC "Global Petrochemical Group." The meeting discussed the prospects of localizing the production of antifreeze products that meet international standards within the country.
During the meeting, issues such as establishing a joint venture in Uzbekistan, transferring modern technologies, increasing the level of localization of production processes, and realizing finished products both on the domestic market and for export were reviewed.
According to specialists, the annual demand for antifreeze in Uzbekistan is almost 19 thousand tons. In 2025, more than 12 thousand tons of antifreeze were imported into the country, with a total value reaching 11.23 million US dollars. This indicates stable demand for quality products in the domestic market and the formation of a sufficient economic basis for developing local production in this area.
Prestone PFX Group is an international company specializing in the production of technical fluids for automobiles, thermal regulation systems, and special chemical products. The company has 17 production sites and 4 research centers. Prestone products are sold in more than 40 countries worldwide, and the Prestone brand itself is recognized as one of the leading global manufacturers and developers of antifreeze with an almost hundred-year history.
LLC "Global Petrochemical Group," which participated in the meeting, has been engaged in the production of engine oils, antifreeze, and automotive chemical products since 2011. All technological stages of production are established at the enterprise, including the manufacturing of polymer containers necessary for filling and packaging products.
According to the leaders, if this investment project is implemented, it will open important opportunities to satisfy domestic demand with local products, replace imports, attract advanced technologies, and expand export volumes to Central Asian countries.
At the end of the meeting, further tasks were defined regarding the formation of promising joint projects, the development of their implementation mechanisms, and the coordination of activities of responsible organizations and working groups.
New initiatives have been introduced aimed at strengthening the budgets of the mahallas. Initially, it was planned that the mahalla budgets for this year would amount to 600 billion sums.
By a Presidential decree adopted in June, the share of land and property tax paid into the mahalla was increased from 10% to 15%. Additionally, 10% of fines for violating sanitary norms and illegal construction will now go to the mahalla.
It has also been permitted for the mahallas themselves to sell buildings up to 5 thousand square meters. This will allow an increase in revenue to the mahalla budgets by another 405 billion sums.
Now, 5% of the land and property tax collected from real estate objects in the mahalla will also go directly to the mahalla itself. Thanks to this, the mahallas will receive an additional 400 billion sums annually.
During the year, 200 mahallas that demonstrate the highest number of registered entrepreneurs, create the most new jobs, have the highest level of understanding, and have found the largest tax base will be awarded 2 billion sums.
Overall, according to the new initiatives, revenues to the mahalla budgets this year will reach 1 trillion 600 billion sums, and from next year—2 trillion sums.
Under the chairmanship of President Shavkat Mirziyoyev, video selection meetings continue regarding the implementation of a new environment in the mahallas and the updating of 'mahalla yettiligi' activities.
The Republic of Kyrgyzstan has temporarily banned the export of petroleum products to ensure the stable functioning of the domestic market.
According to the statement, this restriction applies to gasoline, diesel fuel, and other types of fuel. However, the decision does not affect crude oil, fuel oil, or heating fuel.
The decree states that the ban will remain in effect until the domestic market is saturated or a common oil market is formed within the Eurasian Economic Union (EAEU).
It is reported that this ban previously applied to shipments outside the customs territory of the EAEU. The Russian Federation was the main supplier of fuel to Kyrgyzstan. Currently, the Russian Federation is facing a fuel crisis due to the Ukrainian conflict.
As part of a high-level political forum on sustainable development held in New York, the Minister of Water Resources of the Republic of Uzbekistan, Shavkat Hamroev, is holding meetings with leaders of several foreign companies.
One such meeting was negotiations with the management of the American company 'RS Capital Engineering'. During this discussion, issues of modernizing the water resources sector, developing high-tech production, and expanding investment cooperation were discussed in detail.
Opinions were exchanged regarding the launch of modern electrical equipment production in Uzbekistan, such as pumping stations, pumps, turbines, generators, and high-power electric motors, as well as the implementation of advanced technologies and technology transfer expansion.
During the meeting, the minister presented detailed information about the large-scale reforms being carried out in the water resources sector at the initiative of the President, as well as work on modernizing network infrastructure and attracting investments in this industry. It was emphasized that Uzbekistan's achievements in achieving Sustainable Development Goal No. 6 — 'Clean Water and Sanitation' — are highly valued by the international community.
It was noted that the country's best practices in this area attract the attention of the international community within the framework of the high-level political forum on sustainable development in New York.
According to Temur Bahranov, a leading specialist from the Department of International Relations and Issues of the Ministry of Water Resources, during the negotiations, the prospects for implementing the investment project 'Piskent Technopark', with a total volume of 267 million US dollars, were also reviewed.
T. Bahranov noted that all aspects of this project were carefully studied during the negotiations. The project plans for the localization of modern electrical equipment production, the creation of high-tech industry capacities, the development of service services, the training of engineering personnel, and the professional development of local specialists.
Representatives of 'RS Capital Engineering' presented their experience in implementing large industrial projects in the USA and other countries, and also put forward proposals for introducing innovative technologies and modern engineering solutions. Furthermore, the favorable environment for foreign investors in Uzbekistan, mechanisms for supporting investment projects, and new areas of cooperation were discussed. Bahranov stated that the ministry is ready for close partnership with the company in implementing promising projects in the country.
Following the meeting, the management of 'RS Capital Engineering' was invited to participate in the Global Water Conservation Forum, which will take place in Samarkand in the autumn of this year, as well as the 'Water Tech Expo 2026' international exhibition.
