RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of December 30, 2021 No. PP-72

About approval of the Investing program of the Republic of Uzbekistan for 2022 - 2026 and implementation of new approaches and mechanisms on management of investment projects

For the purpose of increase in industrial and potential production of the republic, widespread introduction of high technologies in industry of economy, creation of new production capacities, development of export, employment of the population and reducing poverty in regions by expansion of attraction of direct foreign investments, and also system planning of investments and effective management of investment projects:

1. Accept the Investing program of the Republic of Uzbekistan developed by the Ministry of investments and foreign trade for 2022 - 2026 (further - the Program) providing development of foreign investments in the amount of 70 billion US dollars in the forthcoming five years.

Approve:

a) for 2022 - 2026:

summary target parameters of development of centralized and not centralized investments according to appendix No. 1 *;

target parameters of development of investments and the credits by industries and regions according to appendix No. 2 *;

b) for 2022:

the summary address program for development of investments and the credits according to appendix No. 3 *;

the address list of the entered large production facilities and capacities according to appendix No. 4 *;

the list of large production facilities and capacities which objects of external infrastructure require construction, reconstruction and capital repairs, according to appendix No. 4a *;

the address list of the investment projects realized with attraction of the foreign credits on behalf of the Republic of Uzbekistan or under guarantee of the Republic of Uzbekistan according to appendix No. 5 *;

the address list of the investment projects realized with attraction of direct foreign investments and credits according to appendix No. 6 *;

the list of new investment projects according to which attraction of the public external debt, according to appendix No. 7 * is planned;

the list of investment projects according to which development, approval and approval of the preproject and project documentation, according to appendix No. 8 * is required;

the list of perspective investment projects which sales opportunity will be worked out, according to appendix No. 9*.

2. To the ministries, departments, economic associations, Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and the city of Tashkent - initiators of projects:

a) till January 10, 2022 according to each investment project included in appendices No. No. 3 *, 5 * and 6 * to this resolution to develop and provide to the Ministry of investments and foreign trade complex network schedules of their realization by months;

b) till February 1, 2022 to bring in Agency on international cooperation and development of concepts of new investment projects according to which attraction of the public external debt is planned, included in appendix No. 7 * to this resolution;

c) together with the Ministry of investments and foreign trade (A. B. Voitov):

till January 20, 2022 to submit for approval in the "road maps" Cabinet of Ministers on measures of development, approval and approval of the preproject and project documentation, and also determination of financing sources for the projects included in appendix No. 8 * to this resolution;

till February 1, 2022 to approve the plan of practical measures for study of sales opportunities of the perspective investment projects included in appendix No. 9 * to this resolution and to begin its realization.

3. Government commission concerning foreign trade, investments, development of the local industry and technical regulation (S. U. Umurzakov):

together with international cooperation and development Agency till March 1, 2022 to consider concepts of new investment projects according to which attraction of the public external debt is planned and to organize their representation for review to the corresponding foreign partners;

till January 15, 2022 to determine responsible for establishment of monthly monitoring and ensuring timely commissioning of the large production facilities and capacities provided in appendix No. 4 * to this resolution;

coordinate activities of initiators of projects, and also the interested bodies of the public and economic board, commercial banks in program implementation, including the projects included in it;

together with initiators of projects monthly to discuss accomplishment of complex network schedules on projects implementation, to take measures for the solution of the available problematic issues and to enter in Administration of the President of the Republic of Uzbekistan information on results by projects.

4. Approve the offer of the Ministry of investments and foreign trade, the Agency of strategic development and the corresponding initiators of projects on implementation of system of project management on strategic investment projects, providing:

determination of the list of strategic investment projects for 2022 according to appendix No. 10 * and adjustment of modern system of project management on the strategic investment projects included in this list;

* Appendix No. No. 1 - 10 to be given in Uzbek.

creation in system of the Ministry of investments and foreign trade, within the existing established posts, the central office of the project management coordinating system of project management on strategic investment projects;

appointment in system of state bodies, and also business entities, in authorized fund (capital) of which the share of the state constitutes 50 percent and more, realizing strategic investment projects, certain project managers on each strategic investment project.

Government commission concerning foreign trade, investments, development of the local industry and technical regulation (S. U. Umurzakov) together with the interested ministries and departments to approve Regulations on system of project management on strategic investment projects in a month. At the same time, in particular, to provide:

obligations and functions of the central office of project management and project managers;

system of efficiency evaluation of activities (KPI) of project managers, their stimulations or application concerning them disciplinary actions on the basis of the indicators reached by them.

5. For the purpose of complex development of regions and further increase in investment activity to create district (city) and regional project teams within the existing established posts in system of the Ministry of investments and foreign trade and to determine them the main objectives:

carrying out the analysis of specifics of each area and city, the available social and economic and investment potential;

the organization together with system of the State committee on geology and mineral resources of studying of land and underground riches, placements on electronic trading platforms of right to use on the revealed areas of subsoil with minerals;

development of perspective investment projects taking into account "drayverny spheres" and the available natural and economic resources of the respective regions;

assistance to potential investors in development of feasibility statements on investment projects;

preparation of offers on increase in efficiency of use of the empty and inefficiently used objects on places;

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