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Sports 08/06/2015 Uzbekistan to direct 262.527bn soums to construction, reconstruction of sport objects
Uzbekistan to direct 262.527bn soums to construction, reconstruction of sport objects
Tashkent, Uzbekistan (UzDaily.com) -- Republican organizations and enterprises will transfer 87.83 billion soums as a charity aid to the Fund for Development of Children Sport under the Ministry of Public Education of Uzbekistan in 2015.

The Government of Uzbekistan issued a resolution “On approval of budget of the Fund for Development of Children Sport under the Ministry of Public Education of Uzbekistan and targeted programmes for construction, reconstruction and capital repair of objects of children sport and children music and art schools for 2015”.

According to the resolution, 66 companies and organizations will provide charity aid to the Fund for 87.83 billion soums. In particular, Uzbekneftegaz, Uzbektelecom, Uzbekiston Temir Yollari and Uzavtosanoat will allocated 4.75 billion soums each to the Fund.

At the same time, the resolution said that the regional enterprises will provide 52.75 billion soums to the Fund in 2015, while foreign investors will allocate US$400,000 to the Uzbek Fund. In particular, LUKOIL will issue US$170,000 to the fund.

About 262.527 billion soums will be directed to construction, reconstruction and capital repair of 221 children sport objects in 2015.

At the same time, 11.4 billion soums will be used to construction and reconstruction of five children music and art schools.

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