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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of January 3, 2007 No. PP-553

About measures for implementation of the investment project "Equipment of Housing Stock of the Republic of Uzbekistan Metering Devices of Cold and Hot Water"

(as amended on 26-04-2023)

For the purpose of implementation of the investment project "Equipment of Housing Stock of the Republic of Uzbekistan Metering Devices of Cold and Hot Water" with use of soft credit of the Government of the People's Republic of China (PRC) provided for SCO countries:

1. Take into consideration that:

The government of People's Republic of China allocated to the Republic of Uzbekistan the preferential credit line provided for SCO countries for the amount 17 293 502, 35 US dollars for a period of 20 years, including five-year grace period, for project implementation "Equipment of housing stock of the Republic of Uzbekistan metering devices of cold and hot water" on a turnkey basis (the first stage);

The Uzbek agency "Uzkommunkhizmat" on the basis of the competitive selection made in accordance with the established procedure signed the contract with the Chinese corporation "China National Machinery Import & Export Corporation (CMC)" (People's Republic of China) in consortium with overseas enterprise II YAN LLC on execution of works on equipment of housing stock of the Republic of Uzbekistan as metering devices of cold and hot water on a turnkey basis on the amount 17 293 502, of 35 US dollars;

The Chinese corporation "China National Machinery Import & Export Corporation" in consortium with overseas enterprise II YAN LLC provides guarantee and field service established under the specified contract of metering devices of cold and hot water.

2. Determine that financing of the contract will be performed for the credit account of joint commercial mortgage bank "Ipoteka-bank" by refinancing of borrowed funds of Eximbank of the People's Republic of China in the amount 17 293 502, of 35 US dollars.

3. Approve:

the main technical and economic indicators of the "Equipment of Housing Stock of the Republic of Uzbekistan Metering Devices of Cold and Hot Water" project on a turnkey basis (the first stage), according to appendix No. 1;

the forecast repayment schedule of the credit of the People's Republic of China on the "Equipment of Housing Stock of the Republic of Uzbekistan Metering Devices of Cold and Hot Water" project on a turnkey basis (the first stage), according to appendix No. 2;

Regulations on procedure for acquisition, installation and operation of metering stations of cold and hot water in apartment and individual apartment houses within project implementation "Equipment of housing stock of the Republic of Uzbekistan metering devices of cold and hot water", according to appendix No. 3;

4. Determine that:

the executive agencies responsible for target and effective use of borrowing facilities and timely project implementation, the Uzbek agency "Uzkommunkhizmat" and the territorial companies of water supply and heat supply of Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent are.

5. To joint commercial mortgage bank "Ipoteka-bank" for financing of the project on the basis of the specified contract to conclude:

the individual loan agreement with Eximbank of the People's Republic of China;

the loan agreement on refinancing of the credit of Eximbank of the People's Republic of China with the Uzbek agency "Uzkommunkhizmat" and the territorial companies of water supply and heat supply of Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent.

6. To the Ministry of Finance, the Ministry of Economics of the Republic of Uzbekistan together with the Uzbek agency "Uzkommunkhizmat", other interested ministries and departments to develop and approve in accordance with the established procedure the Regulations on procedure for return of means for the established metering stations of cold and hot water providing timely servicing of the raised borrowing facilities in a month.

7. Assign to the CEO of the Uzbek agency "Uzkommunkhizmat", the chairman of the board of Ministers of the Republic of Karakalpakstan, hokim of areas and Tashkent the personal responsibility for:

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