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Uzbekistan to allocate 1.7 trilion soums to develop Andijan's communal infrastructure

Business Materials 16 July 2010 16:28 (UTC +04:00)

Uzbekistan, Tashkent, July 16 / Trend D. Azizov /

Uzbek President Islam Karimov approved a program of measures for development of communal infrastructure arrays of individual housing construction and urban districts in 2011-2015 worth 1.696 trillion soums. It was developed by the Ministry of Economy and the Ministry of Finance together with the Municipality (administration) of Andijan region.

Moreover, the plan should reflect modernization of urban street lighting with modern energy-saving technologies, integrated landscaping.

Engineering company service will be customer for the construction, reconstruction and repair of facilities due to centralized sources of funding.

The relevant departments, enterprises and organizations will be customers.

A special commission headed by Deputy Prime Minister Batir Khodjayev will be set up to coordinate the activities of state agencies and companies involved in the program.

About 89.8 billion soums will be allocated from the national budget, 90.5 billion soums - from the local budget, 131.2 billion soums - the Republican Road Fund.

Moreover, about 326.6 billion soums are planned to be drawn as loans of commercial banks, from the international financial institutions - the loans amounting to 93.5 billion soums, and 51 billion soums of sponsorship funds. More than 784 billion soums are planned to be drawn to the individual housing construction.

Moreover, Uzbek leading enterprises and companies will allocate funds to realize the program.

In particular, Uzbekenergo invests over 24.6 billion soums in projects of the program, Uzbek Agency for Communications and Informatization - 975.6 million soums, the National Airline Uzbekistan Airways - 13.4 billion soums, Football Federation Uzbekistan - 4 billion soums, Children's Sports Development Fund - 6.55 billion soums, "Uztransgaz" - more than 2.967 billion soums.

Building materials and equipment not produced in the country and imported for the construction and reconstruction of objects included in the program are exempt from paying customs duties until January 1, 2015.

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