DAILY NEWS HERALD

2019-05-14

 

 

DAILY NEWS HERALD # 93

Public Relations and Mass Media Department of the MFA

May 14, 2019

 

 

 

president.. 1

Tasks defined to cut construction materials costs. 1

Progress of priority projects implementation is considered. 2

investments. 3

WB’s Global Infrastructure Fund allots research grant for construction of a toll road connecting Tashkent and Andijan. 3

International relationships. 3

Statement of the Ministry of Foreign Affairs of the Republic of Uzbekistan. 3

Meeting with the Ambassador of the Republic of Korea. 3

Society.. 4

Uzbekistan intends to provide world standards of life quality by 2030. 4

 

 

 

 

 

 

 

 

 

 

 

 

president

Tasks defined to cut construction materials costs

On May 14, 2019, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting to discuss priority objectives for further developing the building materials industry.

In recent years, the scales of construction works have considerably expanded in the country, hundreds of new houses, large industrial enterprises, cultural and sports facilities, roads and bridges have been erected.

Thus, over the past two years, the volume of construction works grew 1.7 times. Mostly, building materials of domestic production are used. At the same time, ceramic and chipboard, glass, wallpaper and other materials are imported. Meanwhile, Uzbekistan wields many opportunities to shore up the production of modern building materials and substitute imports.

Shavkat Mirziyoyev suggested that today, given the increasing amount of creative works, the building materials sector should become a leading industry, one of the pillars of economic growth. Through the introduction of energy-efficient technologies at enterprises, it is possible to save our natural wealth and reduce the cost of materials.

The Head of the state identified urgent tasks to at least double the production of building materials over the next five years.

It is necessary to enhance the development of non-metallic deposits, establish industrial processing of materials and diversify the industry as a whole.

The President paid special attention to issues related to the stable supply of enterprises of the sphere with energy at an affordable price. Using the example of a brick factory working on coal, Shavkat Mirziyoyev noted that it is possible to reduce the cost of production by 50 percent. It was stressed that the use of such modern technologies will save natural gas and cut the cost of products. It will be beneficial to the entrepreneur, the people, and the state.

In this regard, instructions were given towards the introduction of energy-saving technologies in building materials industry and reduction of production costs.

Uzbekistan’s building materials industry has a significant export potential. However, high transport costs affect the pricing of goods. In this respect, it was proposed to subsidize the transportation of export-bound products.

This year, four cement plants with a production capacity of 2 million tons each were commissioned in Karakalpakstan, Surkhandarya, Andijan and Navoi regions. By the end of the year, new plants with a capacity of 3.5 million tons will be commissioned, and the total potential of cement production will grow to 15 million tons. The President said that this will allow to cover domestic demand and ease the cost of cement.

During 2019-2020, more than a thousand projects worth over 17 trillion soums are planned to be implemented in the industry. Instructions were given on the allocation of loans from commercial banks and active attraction of foreign investments for these projects. The sale of low-profit enterprises to potential investors was also considered (currency rates of CB RU from 15.05.2019, 1$= 8458.16 soums).

For further development of the building materials industry, highly qualified specialists are essential. However, quotas in higher education institutions do not correspond to the ever-increasing demand for the personnel. There is no relationship between the learning process and practice.

President Shavkat Mirziyoyev pointed to the need for increasing budget quotas for industry specialties, completely revising the procedure for organizing training internships in enterprises, and organizing advanced training centers on new technologies in cooperation with foreign companies.

Responsible officials presented reports on the issues discussed at the meeting.

(Source:UzA )

Progress of priority projects implementation is considered

On May 13, 2019,  the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting on acceleration of priority projects implementation with attraction of foreign investment.

Active investment policy is implemented in Uzbekistan. The investment climate is improving, foreign business circles show great interest in projects in Uzbekistan. International financial institutions, developed countries and large companies are investing in socio-economic sphere.

This year, meetings were held at the highest level with the leadership of the Federal Republic of Germany, the United Arab Emirates, the People’s Republic of China, the Republic of Korea and other countries. Within their framework, important agreements have been reached, covering such areas as industry, energy, infrastructure, construction, transport, agriculture, healthcare, education. Roadmaps for each area of cooperation with foreign partners were approved by the resolutions of the President to ensure the implementation of joint projects.

At the meeting held on April 8 this year, all projects involving foreign direct investment were divided into four lists and it was determined that the most important strategic projects from the first list will be under constant control of the President.

Implementation of such priority investment projects was comprehensively analyzed at the meeting.

The Head of the state noted that investment is one of the key sources of economic development, ensuring the quality of life and welfare of people. It is necessary to work actively and systematically taking into account the achieved new level of relations with developed countries.

Over the past period, certain activity has been carried out in this direction. Thus, the position of the first deputy responsible for this field of activity has been introduced in the Ministry of Investments and Foreign Trade. Departments on working with each country are organized. In addition, ad hoc working groups are formed headed by responsible leaders.

Reports of responsible persons on the ongoing work on priority projects with attraction of foreign investment were heard at the meeting.

Slowness has been criticized in development of foreign direct investment, inefficiency in the use of huge financial opportunities. Additional instructions were given to ensure timely and unconditional implementation of the reached agreements and joint projects.

At the same time, the task was set to develop new economically effective projects that will also contribute to the creation of jobs.

Main attention was paid to studying the experience of developed countries in the field of attracting investment on the example of the United Arab Emirates. Specific proposals were discussed and tasks were identified for the introduction of the most advanced approaches and methods of work in the fields and industries, as well as for organizing advanced training courses and webinars at the Academy of Public Administration under the President of the Republic of Uzbekistan with participation of experts from the UAE.

The progress of activities carried out on the organization of modern industrial enterprises in Tashkent with attraction of foreign direct investment was also analyzed at the meeting. It was emphasized that these projects should focus on production of marketable products and ensuring employment with the effective use of the existing infrastructure of the city. Instructions were given on their early launch.

Particular attention was paid to the issue of improvement of investment projects implementation. The Head of the state noted the need for bringing investment legislation in line with international standards, which serve as a guideline and indicator of reliability for investors.

Appropriate practical measures were identified on the assignments given at the meeting.

(Source: UzA)

investments

WB’s Global Infrastructure Fund allots research grant for construction of a toll road connecting Tashkent and Andijan

The World Bank's Global Infrastructure Fund (GIF) provided a research grant for a project to construct a toll road connecting Tashkent and Andijan, the press service of the Finance Ministry reports.

On May 10, a meeting with representatives of the World Bank (WB) on public-private partnership (PPP) projects in the field of road transport was held at the Agency for the Development of Public-Private Partnership.

The agency has already approved promising projects for 2019, more than 10 of which are currently under development. The total amount is $2 billion.

WB road construction experts will arrive in Uzbekistan to hold meetings in relevant ministries, study areas in Tashkent, Namangan, Fergana and Andijan regions.

Information on a paid road connecting Tashkent and Andijan first appeared on the media at the end of April. According to the preliminary plan, in June of this year, an agreement will be concluded with the World Bank and by January 2020, necessary documents will be inked.

(Source: Kun.uz)

International relationships

Statement of the Ministry of Foreign Affairs of the Republic of Uzbekistan

The Ministry of Foreign Affairs of the Republic of Uzbekistan strongly condemns the acts of provocation undertaken on May 12, 2019 against commercial and civilian vessels near the UAE territorial waters in the Gulf of Oman, east of the Emirate of Fujairah.

Such incidents create serious threat to the lives of those on board of vessels. The Foreign Ministry calls on the international community to take responsibility for preventing such acts that undermine maritime traffic safety and stability.

The Ministry of Foreign Affairs of the Republic of Uzbekistan expresses solidarity with the United Arab Emirates in ensuring security and protecting its national interests.

(Source: Web site of the MFA of the Republic of Uzbekistan)

Meeting with the Ambassador of the Republic of Korea

On May 14, 2019, the Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov received the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea Kwon Yong-woo, who is completing his diplomatic mission in Uzbekistan.

During the exchange of views on the joint agenda, the parties stated the dynamic development of relations between Uzbekistan and the Republic of Korea in political, trade-economic, investment, tourism, cultural-humanitarian and other fields.

It was emphasized that successful outcome of Uzbekistan – South Korea summits in November 2017 in Seoul and in April 2019 in Tashkent and Samarkand allowed to intensify cooperation in all areas of mutual interest. In particular, in 2018 the trade turnover grew by more than 50% and exceeded 2 billion US dollars.

The parties also noted the fruitful nature of interaction in Republic of Korea – Central Asia format.

The Minister highly appreciated the three-year activity of the Ambassador in Uzbekistan and his great personal contribution to the comprehensive strengthening of cooperation.

The Ambassador, in turn, thanked for favorable conditions created for the execution of his mission in Uzbekistan.

(Source: Web site of the MFA of the Republic of Uzbekistan)

Society

Uzbekistan intends to provide world standards of life quality by 2030

By 2030, Uzbekistan should provide world-class standards of quality of life for its population, the draft Strategy for Investment Policy of the Republic until 2025, developed by the Ministry of Economy and Industry, states.

“According to key qualitative indicators, Uzbekistan should ensure the world standards of quality of life by 2030, and by 2040 - enter the list of developed countries of the world,” the document says.

It is noted that the goal of the investment policy strategy until 2025 is to create conditions for successful implementation of priorities of the country's socio-economic development, identifying sources and mechanisms for attracting funding for implementation of measures to ensure sustainable economic growth and increasing competitiveness of the national economy.

The main task of reforming investment policy in the forecast period is a gradual transition from the concept of growth in the volume of attracted investments to the concept of effective use of investments, in particular, determined contribution to improving the competitiveness of not primary industries, but high-value-added industries.

The main factors of GDP growth in 2018-2030 should ensure growth in real industrial volumes by 2.3 times (the share in GDP from 26.3% in 2018 to 33.3% in 2030), construction work by 2.1 times (from 5.7% to 6.4%), agriculture by 1.8 times (from 32.4% to 21%) and the service sector by 2.1 times (from 35.6% to 39.3%).

(Source: Kun.uz)

 

 

 

 

 

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