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The Resolution of the President “On measures to provide investment projects with external infrastructure” was adopted

President of Uzbekistan Shavkat Mirziyoyev signed a resolution “On measures to provide investment projects with external infrastructure”.

According to the Resolution, from 1 October 2021, projects of investors worth more than 200 billion soums will be provided with the necessary external engineering and communication networks, in which the share of their own funds is at least 25 percent of those included in investment programs, at the expense of the State budget.

A procedure will be established according to which, within the framework of investment projects worth more than 200 billion soums:

– budgetary loan funds for construction, reconstruction and repair of electric power networks are allocated to Regional Electric Networks JSC and National Electric Networks of Uzbekistan JSC;

– for construction, reconstruction and repair of natural gas networks – JSC “Uztransgaz” and JSC “Khududgaztaminot”.

Work on the construction, reconstruction and repair of highways is carried out at the expense of funds for the development of highways under the Ministry of Finance of the Republic of Karakalpakstan and the main departments of finance of the regions and the city of Tashkent.

 

Source: https://www.uzdaily.uz/