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Several projects to be implemented in Samarkand region

Botschaft Usbekistan, May 20, 2019

According to the Government resolution, an investment project worth US$340 million in cement production will be implemented in Kattakurgansk region. Following the project, 600 new jobs will be created.

As part of this project, the joint venture "Gansu Hengya Cement" until 1 January 2021 will be exempt from payment:

- corporate income tax, property tax, land tax;

- commercial discovery bonus paid for each commercial discovery of mineral deposits in the subsoil area.

Also, until July 1, 2021, the Bulungur reservoir will be built in the region. According to it, the main technical and economic indicators of the project are approved.

The total amount of the project is more than US$46 million. As a result of commissioning the reservoir, 51 new jobs will be created.

The address list of roads, tunnels and bridges to be built, repaired and reconstructed in 2019–2020 was approved.

Thus, the total for the construction and repair of roads with a length of 103 km, as well as the construction of tunnels and bridges will be spent over 2.7 trillion soums.

Source: UzDaily.com


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