Guarantee fund of small industrial zones created in Tashkent
29/05/2017 16:59
Guarantee fund of small industrial zones created in Tashkent
29/05/2017 16:59
Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev created the Guarantee Fund for Small Industrial Zones in Tashkent.
On 18 May 2017, the President of Uzbekistan signed a resolution “On establishment of small industrial zones in the city of Tashkent”.
Fund for Reconstruction and Development of Uzbekistan will make one-time contribution to form resources of the guarantee fund. The Guarantee Fund’s resources will attract finances of financial institutions, foreign government organizations and donors, as well as proceeds from the provision of guarantees, investment of free fund balances of the Guarantee Fund, as well as other non-banned sources.
According to the resolution, the Guarantee Fund will provide guarantees to participants of small industrial zones to obtain loans from commercial banks.
Guarantees will be provided to enterprises, which localize production at the level of 60% and export at least 10% of their products a year.
$ 1 | 12697.00 | 0.000% |
1 | 13547.70 | 0.000% |
₽ 1 | 135.05 | 0.000% |