Funds for the development of business infrastructure created under khokimiyats
22/01/2022 15:11
Funds for the development of business infrastructure created under khokimiyats
22/01/2022 15:11
Tashkent, Uzbekistan (UzDaily.com) -- A Presidential Decree "On additional measures to develop business infrastructure in the regions of the republic" was adopted.
The decree created funds for the development of entrepreneurship infrastructure under the Council of Ministers of Karakalpakstan, khokimiyats of regions and the city of Tashkent.
The main source of funds formation is proceeds from the privatization of land plots and the lease of land plots.
Funds are spent on:
providing arrays in state housing programs, the Yangi Ozbekiston program with external engineering communications;
provision of projects included in the investment programs with external engineering and communication networks for an amount exceeding 200 billion soums, with at least 25 percent of the investor’s own funds;
development of master plans for settlements, administrative and planning tasks for the regions and detailed planning projects.
The Decree also liquidated the Urbanization Development Fund.
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