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President gave instructions on investment and infrastructure projects

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President gave instructions on investment and infrastructure projects

According to the resolution of the President of the Republic of Uzbekistan “On additional measures for accelerated implementation of investment and infrastructure projects” of June 20 of this year, from now on, the fee is not charged for pre-project and project document examination on infrastructure projects, implemented on the basis of Decisions of the President of the Republic of Uzbekistan and the Cabinet of Ministers.

In addition, there is no fee for the examination of tender documents and import contracts on public procurement of goods, carried out at the expense of the State budget and state trust funds, the Fund for reconstruction and development, loans attracted under the guarantee of the Government. The amount of payment for complex examination of preliminary and final technical and economic bases is reduced by 4 times.

The requirement for development of a financial and economic report on loans, realized through loans of international financial institutions or in one-stage procedure has been canceled.

At the meeting dedicated to the state of implementation of investment projects in industries and regions, analysis of the results of attracting and developing foreign direct investment, the President gave instructions on consistent implementation of measures stipulated in the resolution, development of a new simplified procedure for preparation, examination and approval of documents on investment and infrastructure projects.

UzA