Home » US-based General Electric and Uzbekistan consider energy projects
Central Asia Monitoring Uzbekistan

US-based General Electric and Uzbekistan consider energy projects

President of Uzbekistan Shavkat Mirziyoyev and Vice President of General Electric Company Ronald James Pollett, who is on a visit to Uzbekistan, discussed issues of interaction in the sphere of training highly qualified national personnel, including involving leading foreign specialists and experts, the presidential press service reported.

Mirziyoyev emphasized the importance of further strengthening mutually beneficial technological partnership in the energy sector, as well as expanding cooperation in the sphere of production cooperation.

Ronald James Pollett confirmed readiness of General Electric Company in development of long-term and full-scale cooperation with enterprises and organizations of Uzbekistan.

In March 2017, GE and the Uzbek Economy Ministry signed a memorandum of understanding, which provides for the implementation of 13 projects worth $388 million.

In particular, the American company intends to master the production of oil and gas equipment in Chirchik (Tashkent region) in three years, to create an engineering center based on the Shurtan gas chemical complex (Kashkadarya region ), as well as a service center for repair and maintenance of oil and gas, energy and chemical equipment at the Bukhara Mechanical Repair Plant.

General Electric is one of the leading global multidisciplinary corporations. Its activities today cover such areas as power engineering, mechanical engineering, precision engineering, electrical engineering, automated control systems, modern medical technologies, financial sector and many other spheres.

The company operates in more than 180 countries of the world, its enterprises employ over 300 thousand people. As a result of the last year, the revenues of this American company exceeded $120 billion.

Source