Mechanisms for attracting foreign direct investment are being improved

15.05.2019, 17:08

Mechanisms for attracting foreign direct investment are being improved

A roundtable discussion was organized by the Executive Committee of the Political Council of UzLiDeP in cooperation with the faction of the party in the Legislative Chamber of the Oliy Majlis, dedicated to discussion of the essence and significance of the resolution of the President of the Republic of Uzbekistan “On measures for further improving the attraction of foreign direct investment in the economy of the republic” and the priorities outlined in the document.

The event was attended by representatives of the Ministries of Investments and Foreign Trade, Economy and Industry, Finance, Agency for Management of State Assets, entrepreneurs.

The resolution outlines such important tasks as intensification of activities on attracting foreign direct investment, informing foreign investors about the opportunities and potential of our country, as well as the tasks facing ministries, organizations, leaders of the regions, khokimiyats, responsible for coordinating the activities of state bodies and economic management, local executive authorities in the field of foreign investment attraction and development.

In particular, implementation of state-owned shares in the authorized capital of economic entities in the chemical, oil and gas industry, mechanical engineering, banking and insurance organizations, the development of ready-made investment proposals for attracting foreign direct investment, the wide use of investment and business forums, presentations (“Road Show”) and marketing campaigns, the creation of priority areas for the implementation of public-private partnership projects.

During the roundtable discussion, it was noted that in order to implement the priority tasks outlined in the State Program “Year of Active Investments and Social Development”, UzLiDeP developed an action plan and carried out systematic work. In particular, the faction of the party and deputy groups at places have established deputy control over the implementation of investment projects with the attraction of foreign capital. Each member of the party’s deputy group takes control over 2 investment projects.

A critical-analytical discussion is held on the information of all those related to the field, the ministries and their territorial departments on the work being carried out in this direction.

At the event, tasks were outlined to ensure the active participation of all in the upcoming International Investment Forum in Tashkent this autumn, to achieve full implementation of projects involving foreign direct investment, to analyze and monitor each project across sectors and territories, to carry out this work in cooperation with relevant ministries, organizations and khokimiyats.

  • Views
  • Print
  • Share
← Back to publications list