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A Unified Investment Portal Is Being Launched in Uzbekistan

Friday 13 July 2018

TASHKENT (UzTAG) — In the near future, Uzbekistan will create a unified investment portal. It will allow to get acquainted with actual information about the investment potential of the republic, industries and territories, the available raw materials, conditions created for investors, privileges and other preferences provided.

Sukhrob Kholmuradov

The announcement was made by Deputy Prime Minister, Chairman of the State Committee of the Republic of Uzbekistan for Investments Sukhrob (سهراب) Kholmuradov at the first meeting of the unified platform for open discussion of investment proposals held in Tashkent on July 12.

According to Kholmuradov, the portal will provide feedback to investors and initiators of projects on all issues and appeals they are interested in, including the procedure for providing them with relevant public services:

In the near future we will open a single investment portal under the State Investment Committee, which will have all the available information, and the investor, being far abroad in his country, will be able to get full access to this information, get in direct contact with specialists of the State Investment Committee , ask questions, get answers. And all this information will be stored in the database and have a permanent update. We can always understand and see — which department, which ministry, which agency did not respond to the investor’s request in time, did not answer the questions, did not provide assistance. All these measures are designed to significantly improve the investment climate and business environment in the country, increase investor confidence in investing in various sectors of the economy.

He also stressed that in the first half of this year, Uzbekistan registered more than 960 enterprises with foreign capital, which is almost 3 times higher than the same period of last year. At the same time, particular activity is observed among representatives of the Russian Federation, Turkey, China, Kazakhstan, and the Republic of Korea. In addition, businessmen from Afghanistan, India, Germany, Ukraine, Azerbaijan and other countries are showing interest in joint activity.

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