Number of investment projects to be implemented in Uzbekistan’s Khorezm region revealed

Number of investment projects to be implemented in Uzbekistan’s Khorezm region revealed

BAKU, Azerbaijan, Jan. 6

By Klavdiya Romakayeva - Trend:

Some 686 investment projects worth 9.8 trillion soums ($938 million) are planned to be implemented in the Khorezm region of Uzbekistan, which will create about 15,000 new jobs, Trend reports citing the Ministry of Investment and Foreign Trade of Uzbekistan.

A meeting was held in Urgench (a city in Khorezm region) in the format of a videoconference under the leadership of the Deputy Prime Minister of Uzbekistan Sardor Umurzakov on monitoring work to stimulate the accelerated socio-economic development of the Khorezm region.

The preliminary reports of the heads of ministries, departments, branch associations and commercial banks assigned to the districts and cities of the region on the work done to analyze the current state of social and engineering infrastructure and living conditions of the population were considered.

In addition, the course of preparation of socio-economic development programs for each individual quarter, including investment projects aimed at developing promising sectors of agriculture, industry and services were considered, as well as specific measures for the reconstruction and repair of engineering communications, modernization of water, gas, heating systems and power supply and the construction and repair of social facilities.

Special attention was paid to the work on attracting the unemployed population to home work with the establishment of cooperative relationships with entrepreneurs. Thus, more than 55,000 families in cooperation with 1,848 specific enterprises will be provided with stable sources of income in the spheres of livestock, poultry, beekeeping, gardening, handicrafts and services.

Furthermore, additional instructions were given to determine the need for empty land plots, buildings and structures for the implementation of the developed projects, the formation of lists of construction and repair work as part of the modernization of engineering infrastructure and the improvement of quarters, as well as the development of targeted measures to ensure employment of socially vulnerable and unemployed segments of the population.

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Follow the author on Twitter: @romakayeva

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