RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of November 8, 2024 No. PP-390

About measures for reconstruction and development of highways public in the Khorezm region with participation of the European Bank for Reconstruction and Development

For the purpose of construction and reconstruction in the country of the modern highways conforming to the international requirements and standards, developments of highway network and further enhancement of national road and transport infrastructure:

1. Take into consideration that:

a) Committee on highways under the Ministry of transport (further - Committee on highways) the feasibility statement on the project "Reconstruction of site 0 - 84 km of the highway "D 213 "Urgench - Honka - Hazarasp - the river Amu Darya - A380" total cost 294, of 1 million US dollars is in accordance with the established procedure developed (further - the Project);

b) for project implementation:

The European Bank for Reconstruction and Development (further - the EBRD) approves allocation of loan in the amount of 238, by 0 million US dollars for the term of 18 years, including 4-year grace period;

between the Republic of Uzbekistan and the EBRD the relevant loan agreement is signed;

c) according to the feasibility statement on the Project total cost 294, 1 million US dollars:

in the Project the contribution of the EBRD constitutes means in the amount of 238, of 0 million US dollars, contribution of the Republic of Uzbekistan - 56, 1 million US dollars;

the period of project implementation constitutes 5 years (2024-2029, including 2-year warranty period);

d) by results of the preliminary studying which is carried out by the Ministry of Economics and finance, the Ministry of investments, the industry and trade, the Ministry of transport, Committee on highways the possibility of expense optimization is established (to 32, 7 million US dollars).

2. Determine that:

The committee on highways and the Avtoyulinvest Agency in its structure are the executive body responsible for timely high-quality project implementation, target and effective use of loan of the EBRD;

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