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PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of May 14, 2019 No. UP-5717

About measures for transition to qualitatively new system of forming and realization of the Investing program of the Republic of Uzbekistan

(as amended of the Presidential decree of the Republic of Uzbekistan of 18.08.2020 No. UP-6042)

Timely and high-quality implementation of the investment projects provided by the Investing program of the Republic of Uzbekistan for 2019 is the most important factor of social and economic development of the country, creation of new production capacities and workplaces, enhancement of infrastructure and improvement of the territories, increases in welfare of the population.

At the same time the analysis of the state of affairs in this sphere showed availability of the separate system shortcomings interfering timely and full implementation of investment projects, attraction and development of investments.

In particular, the operating system of forming of the Investing program of the Republic of Uzbekistan does not provide step-by-step preparation of perspective investment projects, timely development of the project documentation that leads to delay of opening of financing, application of funds and, as a result, input of capacities. In process of development and monitoring of realization of investing programs the advanced information and communication technologies are not implemented.

For the purpose of implementation of qualitatively new system of forming of investing programs, ensuring unconditional, timely and high-quality execution of the Investing program of the Republic of Uzbekistan for 2019, implementation of effective mechanisms of monitoring of investment projects, investment attraction in industries of economy and the social sphere, strengthening of the personal responsibility of heads of state bodies, organizations and hokim of all levels in this sphere:

1. Determine that since 2020 the Investing program of the Republic of Uzbekistan is created for the three-year period with annual refining and updating of its main indicators based on the approved concepts and development programs of industries and regions, decisions of the President of the Republic of Uzbekistan and the Cabinet of Ministers of the Republic of Uzbekistan.

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