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SHAVKAT MIRZIYOYEV: HENCEFORTH, ONLY THOSE PROJECTS WITH PRELIMINARY FEASIBILITY STUDY WILL BE INCLUDED IN THE STATE DEVELOPMENT PROGRAMS

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SHAVKAT MIRZIYOYEV: HENCEFORTH, ONLY THOSE PROJECTS WITH PRELIMINARY FEASIBILITY STUDY WILL BE INCLUDED IN THE STATE DEVELOPMENT PROGRAMS

A completely new system of implementing sectoral and territorial projects is being established in Uzbekistan. The Head of our state, at the meeting on issues of application of a new procedure of forming and financing state development programs of the Republic of Uzbekistan, noted that activity in this direction should be carried out in three stages.

At the first stage, it is necessary to develop and approve the Development Concept. This concept will become a document that includes strategic tasks on implementation of directions of sectoral, territorial and targeted socio-economic development.

At the second stage, a three-year project portfolio for 2019-2021, with a specific indication of their objectives and sources of funding, should be formed on the basis of the Development Concept. These projects will be coordinated with the State Committee on Investments, the ministries of economy and finance and will be examined by the National Project Management Agency under the President of the Republic of Uzbekistan. A detailed calendar plan will be developed on implementation of each project.

At the third stage, it is required to develop and approve the State Development Program on the basis of the approved three-year projects portfolio.

Henceforth, only those projects that have a preliminary feasibility study and design estimate documentation will be included in the state development programs, emphasized Shavkat Mirziyoyev.

UzA