The President signed a decree on improving the investment climate in the country; Since the beginning of the year, $ 2.3 billion has been transferred to Uzbekistan; Prices for coal in Uzbekistan in July increased by 74.3%; “Davr Bank” raised 5 million USD from EBRD;Since October 1, the land can be rented for 50 years
The President signed a decree on improving the investment climate in the country
President Shavkat Mirziyoyev signed a decree “On measures to radically improve the investment climate in the Republic of Uzbekistan”.
Now it has become easier to create companies with foreign capital, buildings will be demolished only after full compensation of losses, land plots will not be able to withdraw for someone else’s business and much more.
Since the beginning of the year, $ 2.3 billion has been transferred to Uzbekistan
Since the beginning of the year, $ 2.3 billion has been transferred to Uzbekistan, according to the Central Bank.
Thus, in the second quarter, the volume of remittances in Uzbekistan increased significantly compared to the first quarter, when it was $ 949 million.
Prices for coal in Uzbekistan in July increased by 74.3%
Prices for coal in Uzbekistan in July increased by 74.3%, according to Goskomstat.
The reason is the introduction from July 1 of the increased retail prices for coal sold to the population and budget organizations through the coal stores of the Temirjulionilgitamin administration of Uzbekistan Temir Yollari JSC.
The second in terms of the degree of influence was the increase in prices for fuel for cars, in particular, propane, which is sold to the public through gas stations. For a month, prices for it grew by 19.3%.
“Davr Bank” raised 5 million USD from EBRD
“Davr Bank” and EBRD signed a loan agreement for $5 million to finance local micro, small and medium-sized companies in Uzbekistan.
Since October 1, the land can be rented for 50 years
Since October 1, new mechanisms for the provision of land plots for investment activities will be introduced. According to the new procedure, non-agricultural land plots can be leased for a long-term period of up to 50 years, but not less than the period specified in the application for the implementation of investment projects.