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Uzbekistan directs $48.3 million to develop Jizzak zone’s infrastructure

Business Materials 9 July 2013 15:42 (UTC +04:00)

Uzbekistan, Tashkent, July 9 / Trend D. Azizov /

The Uzbek government has approved an accelerated infrastructure development programme for the Jizzak special industrial zone. Around $48.312 million will be allocated for the implementation of 17 projects in the transport, industrial, engineering and communication sectors in 2013 - 2018, while $28.915 million will be spent in 2013 - 2015, the Cabinet of Ministers' regulation on 'Measures on accelerated development of the transport, industrial and engineering infrastructure of the Jizzak special industrial zone' said on Monday.

According to the regulation, it is planned to implement five projects for the development of roads to the sum of $20.335 million, three for the development of railway infrastructure to the amount of $2.256 million and five for the development of water supply, irrigation and drainage worth $24.803 million.

Moreover, two projects will be implemented to develop electric power supply and another two on gas supply development worth $0.918 million.

The programme is planned to be financed through the state budget to the sum of $21.372 million, self-funded enterprises to $2.946 million and international financial institutions funds worth $4.597 million in 2013 - 2015.

It was previously reported that Jizzak was created on the presidential decree in accordance with the Memorandum of Understanding on the establishment of a Uzbek-Chinese industrial park in the country to establish modern high-tech industrial facilities.

The term of the Jizzak special industrial zone's activity is 30 years with the possibility of a further extension.

There will be a special tax concession and customs privileges during this period.

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