Tashkent, Uzbekistan (UzDaily.com) -- Representatives of the Directorate of Yashnabad Technopark visited the newly created innovative Khorazm Technopark. They shared their experience in the organization of the Technopark, acception of residents and other nuances.

In accordance with the government resolution “On measures to improve the scientific, technical and innovative potential of Khorezm region”, the Khorazm innovative technopark was created at Urgench state University. Its Directorate will be located in the buildings and structures of the Urgench industrial College, which are transferred to the Urgench state University.

According to the head of the Department of chemical technology of Urgench state University Kabibulla Babayev, in the region of the Lower Amudarya has huge reserves of mineral resources that remain untapped. It is required to conduct research aimed at their development.

- In this sense, the formation of the material and technical base, as well as the creation of a coordinating body in the Khorezm Technopark is a requirement of the time. We hope that in the near future Khorazm Technopark will carry out applied and innovative developments at the world level, if we can create a cluster that unites students, scientists and manufacturers, Z. Boboev said.

It should be noted that until 1 January 2021 the buildings and premises transferred to the Directorate of the Khorazm innovative Technopark will be reconstructed. And until 1 October 2020, new infrastructure facilities of the Khorazm Technopark will be built in the region.

The principle of extraterritoriality applies – residents can be located throughout Khorezm region, taking into account the scientific, technological and economic feasibility of the projects. The status of a resident is granted by the decision of the Khokimiyat of Khorezm region for up to 10 years, according to the results of the competitive selection.

The costs associated with the implementation of innovative and start-up projects, including the purchase and installation of equipment, raw materials, components and spare parts, production of prototypes, prototypes of industrial products, are financed by the Presidential Fund for commercialization of the results of scientific and technical activities under the Ministry of innovative development in the amount of not over US$2 million.