Water pipeline “Kungrad-Muynak” for 26.4bn soums to be constructed in Karakalpakstan

Uzbek leader approved realization of the project on construction of the water pipeline “Kungrad-Muynak” with water distribution unit. The project will be implemented till 1 July 2017. The estimated cost of the project is 26.4 billion soums.

The project will be financed due to centralized investments, allocated to Uzkommunhizmat within investment programme of Uzbekistan for 2017 at the size of 10.4 billion soums.

State budget of Karakalpakstan will issue the resources for 5 billion soums, Uzbekiston Temir Yollari – 5 billion soums and resources of philanthropists – 6 billion soums.

Uzbek leader provided tax and customs preferences to the participants of the investment project.