NEWS AND EVENTS
August 12, 2014
Government approves new rules of agreeing perspective investment proposals
The Government of Uzbekistan issued a resolution “On measures on improving mechanisms of agreeing perspective proposals and process of attracting foreign investments and loans”.
The document was adopted for further improving effectiveness and efficiency of process of attracting foreign investments and loans via introduction of modern information-communication technologies, assisting ministries and departments, local governments and businesses to search and attract potential investors and creditors.
According to the resolution, from 1 October 2014, the investment proposals and their passports should be submitted to the Single Electronic Database of Investment Proposals of the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan to agree them with the state bodies.
The ministries and departments, local state bodies and companies should ensure that applications and passports of the projects are accurate and fully filled.
The government approved a scheme on agreeing investment proposals and their passports with attraction of foreign investments and loans at the state bodies via the Single Electronic Database of Investment Proposals.
According to scheme, the initiators of the project should fill form of investment proposals and passport of the project at the single electronic database. The projects will be directed to the state bodies to agreeing it. After approval, the project will be published at the website of Uzinfoinvest Agency.