EMBASSY OF UZBEKISTAN TO THE UNITED STATES
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NEWS AND EVENTS
April 19, 2013
Address by the President of the Republic of Uzbekistan H.E. Mr. Islam Karimov at the Opening Session of the International Conference
Dear participants of the conference!

Ladies and Gentlemen!

It gives me a profound pleasure to welcome you, our dear guests, the representatives of high-profile international organizations and financial institutions – the United Nations Organization, International Monetary Fund, World Bank, Asian Development Bank, Islamic Development Bank, ASEAN, UNESCO and other structures, the heads of large companies and leading specialists in the area of housing construction – all participants of today’s Conference. I would also like to express to you my deepest respect and sincere gratitude for participation in the current Forum. It is obvious that today there is no need to speak about the urgency of the topic of the Conference, about the role of housing construction in the rural area, if we take into account the huge importance of this sphere to tackle the acute social problems and also as an important factor that stipulates the balanced and sustainable growth rates of many branches related to construction and the economy of the country as a whole.

It is not by chance that in the economically developed countries, according to the data of think-tanks, the share of housing construction in the structure of investments makes up from 20 to 40 percent of the total volume of investments. The housing construction and development of the related branches of economy now stand as one of the important components in forming and sustainable development of the financial system, as well as the source of reliable reserves and assets of banks.

In the modern conditions of ongoing global financial and economic crisis this circumstance acquires a special significance.

It is not a secret that one of the serious obstacles in addressing the global financial and economic crisis in the conditions of sufficient supply of credit resources, these assets do not reach the ultimate consumer – the real sector of economy, despite the fact that the interest rates of the major reserve currencies in the issuer countries are extremely low. It is hard to believe that in the certain cases the interest rates go as low as zero.

Briefly speaking, the sufficient volume of credit resources, unfortunately, does not become an impetus and stimulus for reviving the economy given many circumstances, and firstly, due to the fact that the serious reasons which led to the global financial and economic crisis in 2008 haven’t yet been resolved.

In these conditions the housing construction and related infrastructure – the municipal and social sector, transport and communication networks and production of modern construction materials and structures becomes the very direction, which can and must serve as one of the most receptive and effective spheres of putting the capital and investments, as well as resolving one of the most complicated and painful social problems of employment.

The historical experience of many countries confirms the facts when choosing the sphere of housing construction and infrastructure as priorities of development served as a key instrument of recovering the national economy.

For example, during the Great Depression of 1930s in the United States President Roosevelt implemented the system of crediting the individual housing construction which played a decisive role in reviving the economic growth.

The similar programs that pursued the goals of stimulating and recovering the economy were implemented in the past in Germany, United Kingdom and the Scandinavian countries, etc.

Dear participants of the conference! Before speaking about the essence and content of the model being carried out in Uzbekistan – the program of comprehensive housing construction in the rural area, allow me to very briefly touch on the problem issues and real state of affairs which have recently emerged in this most important sphere of economic, social development and modernization of the country.

The main peculiarity which characterized this sphere was as follows: this sphere was practically unmanageable, in other words, the unauthorized construction did flourish. What did it mean in practice?

In the countryside the houses were constructed without development plans of residential areas. There were no clearly developed standard designs of housing that would consider the specific natural and climatic features and national traditions of an Uzbek family.

A villager as both the customer and developer relied on his own limited capabilities, faced constant shortage of building materials and the practical absence of a developed construction industry in the rural area was left on his own. In other words, the houses were built of improvised construction materials, - as a rule, mudbrick, without wooden floors and the asbestos slate was used for roofing. In the houses built without a development plan there were tough problems in terms of public utilities, connecting to water pipeline, electricity and natural gas.

Let alone the emerging problems of the owners of newly built houses in terms of access to medical institutions, schools, kindergartens, shops, markets and driveways, i.e. the entire infrastructure which is necessary for creating the decent conditions for a comfortable family life.

Taking into account that at the moment about 50 percent of the population resides in the rural area of Uzbekistan, i.e. about 15 million people, it is not difficult to imagine the scope and amount of complex tasks which we have to tackle now in this sphere.

It is necessary to take into consideration that in Uzbekistan annually more than 150 thousand families are created in the countryside alone, and in total, during the years of our independent development over 2 million 600 thousand new young families have been created in the rural areas who need their own housing. In this regard, today it becomes more obvious the task put forward by the life itself – to radically revise the long-standing approaches, methods and practice of individual housing construction in the rural areas.

What are the principle features, urgency and demand for the Program of standard design individual housing construction in the rural areas being now implemented in Uzbekistan?

One of the principle issues which we had to address in the first place was to radically revise and reform the legislative and normative framework of housing construction.

Based on the principle of inviolability of private ownership stipulated in the Constitution of the Republic of Uzbekistan, in the Housing and Town Planning Codes and the Law of the Republic of Uzbekistan «On mortgage» and other legislative and normative acts we have provided the right of a proprietor for permanent ownership and inheritance of a house together with the land plot on which it is built.

I would like to underscore that villagers are provided with the land plots for individual housing construction for free and a life-long inheritable possession as 0,06 hectares per family. This is extremely important in the conditions of our limited land resources.

In accordance with the approved normative acts, development of residential communities in the rural areas is carried out based on standard designs elaborated and approved by developers simultaneously with building the engineering and communication sites, social and market infrastructure. The building of motorways, construction of local communication networks – water, natural gas and electricity supply, at the expense of state and local budgets is a mandatory condition.

Taking into account the number of population, who will stay in the new residential communities, the schools, kindergartens, rural medical stations, trade outlets and sports facilities are built on standard designs.

Along with engineering and communication infrastructure the issues of building and introduction of the new types of services and electronic services deserve a special attention in development of residential sites.

What I would like to say by this?

I mean the following: along with construction of the new modern houses, the advanced computers, information and telecommunication technologies, cutting-edge telecommunication systems and Internet are entering the each rural house and rural family.

The main point is that such services virtually new for a rural population not only meet the needs of people, but also they provide jobs to thousands and tens of thousands of young men and women who gained modern knowledge and professions in the rural vocational colleges.

Can you imagine, what it means for our children and the young generation? It is impossible to express this in words. I want to draw your attention to the mechanism of crediting the individual housing. Having chosen the standard design of a house, a villager deposits into a bank his own funds as initial installment in the amount of 25 percent of the cost of the house receiving a soft mortgage loan on preferential terms for 15 years with annual period of delay for repaying debt on the preferential interest rate of 7 percent. This interest rate is much lower than the refinancing interest rate of the Central Bank set at the level of 12 percent.

The integral institutional structure is created to carry out the entire set of works on constructing the individual housing in the rural areas.

Designing the standard houses, elaborating the plan for complex development of residential communities with construction of the sites of social, engineering and communication infrastructure are entrusted to specialized Design and Survey Institute «Qishloq Qurilish Loyiha» which also carries out the field supervision over the construction works.

The specially established Joint-Stock Commercial Bank «Qishloq Qurilish Bank» implements the loan financing of the standard design individual housing construction. By now the charter fund of the bank has reached about 130 million dollars (USD/UZS-2054.30) in equivalent.

During its operation for over the past four years the bank allocated the mortgage loans of more than 677 million dollars in equivalent to 23,6 thousand rural developers. The bank provides loans not only to the population, but also the construction firms, which build houses, production and social infrastructure facilities in the rural areas, as well as production enterprises which manufacture the new materials used in the rural construction.

Other banks of the country – the National Bank for Foreign Economic Activity and Joint-Stock Commercial «Ipoteka Bank» are actively involved in implementing the Programs of individual housing construction in the rural areas.

The entire work on standard design housing construction on turn-key conditions is carried out by the Specialized Engineering Company «Qishloq Qurilish Invest» which has its branches across the country and acts as a single customer, ensures the implementation of a single policy of qualitative construction of residential communities in the rural areas.

At the same time, over 900 new specialized construction contractors were established in the regions of the country which employ nearly 20 thousand builders, as well as there are over 60 enterprises which produce modern construction materials and structures, wooden floors, window crosses, roofing materials, and others. The broad system of privileges and preferences is created.

The villagers who build houses at the expense of loans provided by «Qishloq Qurilish Bank» are exempt from income taxes which go to repayment of mortgage loans and interest. Besides, they are exempt from property tax on procured house until full repayment of the mortgage loan.

The «Qishloq Qurilish Invest» Engineering Company, contractor firms and specialized enterprises which produce construction materials that participate in housing construction in the rural areas are exempt from all types of taxes and mandatory payments to public funds, as well as customs duties for imported construction equipment and small mechanization tools.

As a result, this has allowed to significantly reduce the cost of house construction for villagers, one square meter of which today costs on average two times lower than the cost of houses in the cities.

I would like to draw your attention to the fact that thanks to the implementation of special programs for standard design housing construction in the rural areas alone 650 new rural residential communities were built in 159 rural districts of the country between 2009 and 2012, as well as 23,6 thousand individual houses with a total area of 3,2 million square meters were commissioned during this period. The investments in the equivalent of over 1,2 billion dollars were channeled for these purposes. 732 kilometers of asphalt motorways and over one thousand facilities of social and market infrastructure were built.

At the moment, 75,8 percent of rural population of the country has an access to clean potable water and 76,2 percent – to natural gas.

This year as well we are going to carry out the large-scale growing construction works in the rural areas. The construction works have already started and are in full swing now on the territory of 353 rural residential communities, where we envisage to build 10 thousand standard design comfortable houses with an area of 1,4 million square meters, which is 17,5 percent more compared to the last year. We are also planning to construct and commission over 300 kilometers of water pipelines, over 280 kilometers of power-lines and nearly 240 kilometers of driveways, create a broad network of social and market infrastructure. In total nearly 1 billion dollars of investments will be channeled for these purposes in 2013.

The growth of construction in the rural areas leads to creation of modern construction industry and new jobs. Thus, it provides employment of population, its incomes and well-being are steadily growing. For us it is of a special value the very fact that the strata of proprietors is formed on the new basis; the look of countryside is cardinally transforming before our eyes; the people’s culture is growing; the lifestyle, way of thinking and mentality of our people are changing.

All of us are rightfully proud of our new generation which grows in the new modern conditions, the new generation of harmoniously developed, educated, independently thinking children free of all prejudices and remnants of the past, as well as confident in their future.

We can truly be proud of such a generation, and with this generation one can set the bravest plans.

I would like to note with a special pleasure that the high-profile international financial institutions and organizations are actively participating in implementation of the Programs of individual housing construction in the rural areas. In 2011 the ADB Board of Directors approved the Program of multi-tranche financing the project «Development of housing construction in the rural areas in Uzbekistan» for a total amount of 500 million US dollars, of which 160 million US dollars were allocated within the first tranche in 2012. This year the second tranche of the loan will be allocated for the amount of up to 200 million US dollars.

Availing myself of this opportunity, standing from this high rostrum, I would like to express the words of deep gratitude to the leadership of the Asian Development Bank for its invaluable support extended in implementation of this strategically important task for us.



Distinguished participants of the conference! Ladies and gentlemen!

Our vision of the Program of individual housing construction in the rural areas elaborated in Uzbekistan would not be clear, had we consider it in isolation from those grandiose processes of democratic transformations and renewal which are underway in our country. Today we can state with full confidence that dynamic advancement of Uzbekistan along the chosen path of forming socially oriented democratic state, well thought-out and consistently implemented priorities of political, economic and social reforms, choosing of evolutionary and step-by-step strategy of transformations created the firm and reliable foundation on which we ensure sustainable and dynamic development of the national economy, provide consistent growth of incomes and living standards of the population. The country’s international authority is on the rise.

Let me put the concrete figures.

Despite global financial and economic crisis, the steadily high growth rates have been maintained in the economy of Uzbekistan among few countries in the world. For over the last six years alone the annual GDP growth rate made up more than 8 percent. The stable surplus of the State budget is maintained. Uzbekistan also ensures sufficient official reserves, low external debt which does not exceed 12 percent of GDP.

The peculiar feature of the State budget is that it remains socially oriented. About 60 percent of all state expenditures goes to funding the sphere of social development of population, including more than 34 percent goes to education and over 15 percent is spent for public healthcare.

The financial and banking system reliably and steadily operates. At the moment, the capital adequacy level of banks makes up 24 percent which is thrice more than generally accepted international standards and on the outcomes of 2012 the liquidity of banking system is over two times higher than the minimum required level. Annually, hundreds of large investment projects are implemented on creation of the new cutting-edge production lines, modernization and technological renewal of operating enterprises.

Compared to 2000 the annual volume of investments grew fourfold and now makes up on average not less than 12 billion dollars. Almost 78 percent of investments, and please pay attention to this fact, come from the domestic sources, while the population deposits make up 21 percent of cumulative volume of investments.

Thus, in 2012 over 22 percent of all investments or more than 2,5 billion dollars were foreign investments. Nearly 80 percent of them were direct foreign investments. This testifies to growing confidence of foreign investors in Uzbekistan and conditions created for business. The savings of population in the banks in 2012 grew by 35 percent, and compared to 2000 they grew 60 times. The Reconstruction and Development Fund of Uzbekistan was established, whose capital now reached 15 billion dollars.

All of this serves as yet another confirmation of a confident advancement of Uzbekistan along the path of accomplishing the set goal – to join the ranks of modern democratic and economically developed countries, provide its people with commendable living standards and deserving place in the world community.

Dear friends!

We well understand that in this Conference it is impossible to fully and comprehensively discuss the issues on the agenda and cover all aspects of this multifaceted problem.

In shaping our strategy of further developing the housing construction in the rural areas, it will be very useful and important for us to listen to the wishes and proposals by the participants of the Conference taking into account the valuable experience accumulated in other countries.

I want to underscore that Uzbekistan is interested in expanding cooperation with all international organizations and financial institutions, foreign banks and companies, scientists and experts to accomplish the set goal – to radically transform rural area, further consistently raise living standards of the rural population and bring them closer to the standards of the developed countries.

In your person, our distinguished guests and participants of the International Conference, above all, we see the people who are sincerely interested in the success of reforms in Uzbekistan and modernization of the country. And taking this opportunity, once again I want to express to you my profound respect and sincere gratitude.

I wish all participants of the Conference a productive and creative work, pleasant stay on the hospitable land of Uzbekistan, sound health and many successes in your endeavors.

Thank you for your attention!

A Robust Backbone of the Great Future On April 17, Tashkent’s Palace of Symposiums hosted an international conference entitled “Modern housing construction as a driving force of comprehensive development and transformation of rural areas, enhancing the living standards of population” organized at the initiative of President Islam Karimov.

The conference has been attended by leaders and representatives of the United Nations, the International Monetary Fund, the World Bank, the Asian Development Bank, the Islamic Development Bank, the Association of South-East Asian Nations, UNESCO and other prominent international organizations, as well as more than 300 scholars, specialists and experts from over 60 countries, including the United States, China, South Korea, Japan, the United Kingdom, France, Germany, Spain, Italy, India, Russia.

The forum has been designed for a profound and comprehensive analysis of the results yielded by the execution of programs directed at boosting the welfare of rural population areas and modern housing construction on standard designs, defined in Uzbekistan as a priority policy and an important prerequisite of the cardinal transformation of the village, the integrated socio-economic development of the periphery, the elevation of population incomes and employment, the extensive familiarization of the international community and foreign experts with our country’s successes on this front.

The opening ceremony of the international conference was attended by President of the Republic of Uzbekistan Islam Karimov who delivered a keynote speech.

The wide-ranging efforts undertaken during the independent period under the leadership of President Islam Karimov directed at achieving such noble objectives as the prosperity of our Motherland, building a free and affluent life have been demonstrating remarkable results. Ensuring the welfare and prosperity of the nation has been defined as a principal task of the reforms and transformation underway across all spheres of life. People have been making their own homes and the country in general a more comfortable place to live, which is displayed by the changing appearance of our urban and rural areas. The lately emerging new population centers in various regions of our country, the so-called villages of the new century, where kindness, mutual respect, friendship, affluence and abundance reign – constitute a practical embodiment of these gracious aspirations and an important factor in raising the international standing of Uzbekistan.

One of the peculiarities of the “Uzbek Model” of development elaborated by the head of our state is the priority significance attached to the steadfast socio-economic development of our rural areas. After all, as the President Islam Karimov puts it, our roots go back with invisible thread to the rural land, first and foremost. The great and the sacred notion of the Motherland is linked primarily with village. For this very reason, it is impossible to secure the development of the entire country, the wellbeing of the people and the affluence in our households without the development of our villages.

During the old regime, this vital truth was not taken into consideration and the socio-economic development in rural areas, improvement of their residents’ lives used to be taken superficially. Naturally, the rural population in these circumstances practically did not have opportunities to uplift the living conditions, foster the services sector and make the villages a more comfortable place to live and work. Thus, an immense rift emerged between the rural and urban areas in the extent of socio-economic development.

In the wake of independence, Uzbekistan, under the leadership of President Islam Karimov, embarked on a consistent policy of socio-economic development in the village. State programs are being adopted to boost the social infrastructure of rural areas, bolster employment and a range of other directions; vast amounts of funds are being channeled for the erection of modern homes, healthcare, education and sports facilities, and public service complexes in villages.

The announcement of the year 2009 as the one of Rural Development and Welfare at the initiative of the head of state, the elaboration and the consistent implementation of the State Program built on the noble idea “The more the village advances, the higher the quality of our lives and prosperous the country” epitomized a new phase in this given sphere. In accordance with this program, in order to further improve the quality of life among the rural population, wide-scale works have been in progress to perfect the architectural planning of villages and design the housing and social facilities in them. For the past period of time, numerous decrees and resolutions have been approved by the President of Uzbekistan to boost integrated development of rural areas and raise the quality and level of living conditions of the rural population.

Notably, in line with the presidential resolution from 21 January 2009, Design and Survey Institute “Qishloq Qurilish Loyiha” was established. The Institute has worked out standard design for houses, social facilities and public service complexes in rural areas. During the expositions organized in September 2009 and October 2010 in Tashkent, these projects were presented to the wider public and perfected with an eye to general discussion.

Any construction is known to start with a project design. For this very reason, the President of our country has been paying such a remarkable attention to the creation and perfection of standard design of modern housing. During his trips to Uzbekistan’s regions, the head of our state familiarized with first homes, stressed its advantages and came up with proposals and recommendations to further improve those project designs. This vital issue was deliberated time and again under the leadership of President Islam Karimov, and the project designs were analyzed comprehensively and thoroughly. This led to the presidential resolution on “Additional Measures for Expansion of Individual Housing Construction in Rural Areas on Standard Design” signed 17 June 2010, in accordance with which the standard designs of individual housing underwent grave addenda and amendments. In particular, every developer and owner is from then on assigned 6 hundred square meters instead of the previous 4 hundred square meters.

Three-, four- and five-room spacious, bright, comfortable houses with latest engineering communications are being built currently in all regions of our country taking into account the lifestyle of the people and local natural-climatic conditions and based on approved standard designs. All versions of standard designs take into consideration insignificant, for the first sight, yet enormously important nuances of the national way of life.

The Qishloq Qurilish Bank joint-stock commercial bank, founded in line with the 30 March 2009 presidential resolution, has been effectively funding the works on modernization and further improvement of villages, on perfection of household conditions of the rural population, and on the provision of longer-term loans for this process.

The 3 August 2009 resolution of the head of state on “Additional Measures on the Expansion of Housing Construction Scales in Rural Areas” led to the creation of mass privileges and conveniences for citizens willing to improve their household environment, to the formation of a mechanism of swift and quality execution of construction works based on approved standard designs. In accordance with this document, a specialized subsidiary engineering company of the aforementioned bank – Qishloq Qurilish Invest – was established. The entity, assigned with turnkey commissioning of individual homes and social facilities and allocated with branches in every region of the country, is instrumental in the practical implementation of standard designs.

This unique, well-thought-out system has been facilitating in fact the realization of dreams and hopes of our people on robust, comfortable and modern housing. The rural population wishing to attain new homes has currently been participating in the construction process with their own funds alone. In other words, the potential owner initially pays 25 percent of the cost of the house in advance, and then what he/she is expected to do is control the progress of construction. The greater part of expenses is covered with a longer-term soft loan assigned by the Qishloq Qurilish Bank. The mortgage payments are carried out during fifteen years. The arrangement of funding the construction of new homes and the technical control of the progress of building, the transfer of housing erected on standard designs based on final calculation for soft loans provided by the bank are also assigned to the specialized subsidiary engineering company Qishloq Qurilish Invest.

Within this system, 23.6 thousand modern houses have been erected in 2009-2012 in the Republic of Karakalpakstan and provinces. In the current year – the Year of Wellbeing and Prosperity – it is projected to further enhance the scope of undertaken works; notably, 10 thousand homes are being constructed. 1 trillion 400 billion soums, that is, an increase by 54 percent from the previous year funds, is to be allocated for these purposes by the end of this year.

Such wide-scale works is feasible only in those nations with a dynamically advancing economy where the individual and his/her interests are considered the highest value. In terms of gross domestic product growth, Uzbekistan is in the list of the most dynamically developing countries of the world. The ongoing grave problems in the world economy notwithstanding, Uzbekistan’s economy continued to grow in 2012 with steady pace to demonstrate an 8.2 percent increase.

Noteworthy as it is, the modern houses are built in Uzbekistan from domestically produced construction materials. Cement, metal-roll, baked brick, heating systems, windows and many other goods manufactured at the enterprises of the joint-stock company Uzqurilishmateriallari, the joint-stock association Uzmetkombinat, the association Uzmontajmaxsusqurilish, the engineering company Qishloq Qurilish Invest – are supplied to construction workers in time and on soft pricing. For instance, more than 410 thousand tons of cement was used in construction works in 2012.

Expansion of construction work scales naturally raises the demand in construction materials. New enterprises specialized in construction material production are being constantly commissioned across provinces to serve that demand. In excess of 800 enterprises are currently operating in Uzbekistan to produce in sum total 3 billion bricks a year. Some 450 million pieces of brick are used in the construction of housing in new projects.

It is worth noting in particular that the quality of materials used in construction is under a permanent control. In building new homes, special significance is attached to the employment of ecologically clean, durable, power-saving materials. For example, construction mixtures are efficiently used as connecting materials along with cement, lime and gypsum. Today, the number of local enterprises producing such goods has exceeded forty. In lieu of the metal tubes previously used in communication networks, pipes made of modern polymers are being applied, while plastic panels are utilized for walls and ceilings, cast-iron and aluminum radiators are employed for heating. The roofing is made of metal tiles. All this produce is supplied by domestic manufacturers.

In general, the enterprises of this sector have developed the production of more than 30 new types of construction materials within the last few years. Today, only two types of materials – wood and roofing tile – are imported. At the same time, the export potential has been on the rise. Only cement and glass goods used to be exported in 1995, whereas over 30 sorts of production are sold overseas today.

A range of schemes are run at the enterprises of the joint-stock company Uzqurilishmateriallari. A new line has been launched at Bekobodcement joint-stock company. As a result, the volumes of cement production in our country have risen by 1 million tons, and nearly 100 new jobs are created here. An investment project is underway to arrange the production of 350 thousand tons of white cement and 750 thousand tons of Portland cement a year in Jizzakh region. Also, projects are in progress to launch production of facing tiles in Ferghana, of 2.1 million square meters of ceramic tiles a year in the Yukori-Chirchik district of Tashkent region. Relevant works are also underway to organize the manufacturing of bathroom equipment, ceramic-granite and ceramic slabs.

It needs particular mentioning that in accordance with development plan kindergartens, general schools, music and arts schools, sports facilities, healthcare institutions, mahalla centers, trade complexes, services facilities are being built in integrated mode in new rural residential quarters along with housing. The government funding has been helpful in systemic works directed at laying water, natural gas and power supply systems and improving the public utility infrastructure.

The program of housing construction and dynamic development of social infrastructure in rural areas also facilitates solution to the pressing issue concerning employment and the increase incomes of the population. Tens of thousands of our compatriots are currently involved in the construction of individual housing.

A particular emphasis in the new residential quarters is placed on the creation of modern compact enterprises. Ready goods from local raw materials are produced at ventures equipped with cutting-edge technologies and hardware. The rural youth are attaining education and qualification at colleges and comes to those enterprises to work.

All this helps prevent the negative impact of the global financial and economic crisis on the living conditions of our population. While amid the global downturn, the majority of developed countries underwent reduction in jobs and the rise in unemployment, more than half of the 1 million new jobs created in Uzbekistan account for rural areas. This has become the result of the execution of these programs. The international conference contributors were introduced to the exposition at the Palace of Symposiums that was organized to present the accomplishments made during independence years in modern housing construction, in the social sphere, the promotion of small business and private entrepreneurship in rural areas. A video was demonstrated narrating this topic.

The high-ranking participants of the conference – President of the Islamic Development Bank Ahmad Mohamed Ali and the Vice President of the Asian Development Bank Xiaoyu Zhao noted that Uzbekistan, for its independent period, has achieved a tremendous progress and triumphs worth being proud of. This can also be seen in the sample of considerable outcomes of the steadfast efforts in the construction of individual housing on standard designs in rural areas.

The guests who also took floor at the event included the Deputy Administrator of the UNDP Cihan Sultanoglu, Vice President of the World Bank Philippe Le Houerou, the official of the International Monetry Fund Veronica Bacalu, Deputy Secretary General of ASEAN Alicia Dela Rosa Bala, Vice President of China Development Bank Yuan Li, Chief Executive Officer of the California Coalition for Rural Housing Robert Wiener, Director of Central Asia and Caucasus Department of the Japanese Agency for International Cooperation (JICA) Tetsuya Yamada. They and other speakers gave a high appraisal of the effects of wide-ranging reforms in Uzbekistan undertaken in this sphere. It was noted that our country has displayed outstanding results on this front.

The foreign participants of the conference who traveled to Samarkand, Bukhara and Tashkent regions and familiarized with houses built on standard design, facilities of social infrastructure, small business and private entrepreneurship in the new residential quarters said they again became convinced of the high outcomes of the respective reforms embarked on in Uzbekistan.

It was underscored at the forum that Uzbekistan’s expertise in the field of integrated development and transformation of rural areas, improvement of the quality of life of the population by building up the modern housing construction can serve as a model for other countries with its effectiveness and promising nature.

During panel discussions, the conference participants deliberated on such subject matters as normative foundations and measures of government support for the housing construction in rural areas on standard designs, the terms and guarantees of housing construction for the population, privileges and preferences in the attraction of investments to the construction of housing and infrastructure facilities, influence of the modern housing construction on the dynamic development of the construction industry and manufacturing sector, its significance in the creation of new jobs and elevation of population incomes. A summarizing document – recommendations of the international conference – was approved toward the end of the occasion. (Source: UzA)


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