PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of May 6, 2003 No. UP-3240

About the main directions of further deepening of economic reforms in capital construction

For the purpose of further deepening of economic reforms in capital construction, widespread introduction in industry of the economic relations meeting the principles and the requirements of market economy, forming of the developed markets of contract, project works and construction materials, enhancement of the mechanism of pricing in construction, increases in responsibility of all participants of investment process for resulting effects and efficiency of projects implementation:

1. Determine the main directions of further deepening of economic reforms in capital construction:

full completion in 2003-2004 of processes of privatization and privatization of the project and contract construction organizations, education on their base is preferential private and joint businesses, creation of competitive environment in the market of project and construction works;

widespread introduction of the market principles and mechanisms in management system and the economic relations in capital construction, increase in level of the organization of the competitive biddings (tenders) in case of order placement for execution of project and construction works;

transition to construction of "turnkey" objects as to the main form of the organization of construction, creation of the engineering companies and project and construction organizations providing performance of works with high quality and "turnkey" commissioning of the objects;

expansion of the market of construction materials, development of production of their progressive types, implementation of modern technologies at the companies of the construction industry.

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