Tashkent, Uzbekistan (UzDaily.com) -- On 14 November 2020, in the format of a video conference, under the leadership of Deputy Prime Minister of the Republic of Uzbekistan Sardor Umurzakov, a meeting was held to discuss priority measures aimed at high-quality and timely implementation of tasks for integrated socio-economic development Kashkadarya region, nominated by the President of the Republic of Uzbekistan during his visit to the region.

The meeting was attended by members of the Government Commission for the Development of Export and Investment, heads of ministries, departments, local authorities, industry and economic associations, commercial banks, diplomatic missions of the Republic of Uzbekistan abroad.

It was noted that for ten months of this year, investments in the amount of 728.2 billion soums were mastered in the region, 394 projects were implemented and about 1,600 new jobs were created. According to forecasts, by the end of this year, 259 investment projects worth 1.9 trillion soums will be implemented, which will create more than 3.1 thousand additional jobs.

In 2021-2022, the region plans to implement 950 investment projects worth 28 trillion soums, including 59 large industrial investment projects, which are to be commissioned by 1 July 2020, within the framework of the regional investment program.

To this end, each of these objects was assigned the heads of ministries, departments, industry associations and commercial banks that are part of the investment complex of the Cabinet of Ministers, as well as heads and employees of the Ministry of Investment and Foreign Trade, whose tasks will be to constantly monitor the progress of projects and provide effective support to their initiators in resolving emerging issues.

Assigned managers were instructed to develop network schedules for each project and to expedite their implementation.

In order to improve the efficiency of using the economic potential of the region, the task was set to form, taking into account the specialization of each district and city of the region, a package of 15 new large industrial projects (over US$10 million) and 110 medium-scale projects (US$5-10 million) in specific areas economy and on the basis of identified "points of growth" of each district. 

In addition, the Center for the Development of Investment Projects under the Ministry of Investment and Foreign Trade, together with the relevant ministries and departments, based on an in-depth analysis of the investment and industrial opportunities of districts and cities of the region, will develop new promising investment proposals, after which, together with local authorities and the Agency for State Management. assets, work will be carried out to determine the initiators of the projects, their location with reference to specific vacant objects and land plots, sources of funding and timing of implementation.

Responsible leaders were also instructed to study the current state of socio-economic development of the city of Karshi in the context of 8 key areas, covering the spheres of industry, agriculture, investment, export, housing and infrastructure construction, social development and employment, analysis of existing problems and development of proposals for their solution.

As priority areas for further work in Kashkadarya region, initiatives were identified to create small industrial zones in each district and city of the region and ensure their connection to the necessary engineering communications, the allocation of land plots, empty buildings and structures, the creation of high-tech industrial production in the chemical industry and mechanical engineering, as well as organizing the activities of textile industries with high added value.

Based on the results of the meeting, responsible leaders, deadlines, format of interagency interaction and mechanisms for monitoring implementation were identified for each task.