10:45 / 03.12.2021
1999

Gov’t allocates $200 million to finance production of building materials

Housing clusters will be established in each region of Uzbekistan, the President announced this at a videoconference.

Photo: Kun.uz

In a videoconference dedicated to the discussion of the issues of effective organization of the implementation of the housing program, it was reported that housing construction clusters will be established in each region.

These clusters must have:

•  designing facility;
•  production chain from raw materials to finished products;
•  construction organization with modern equipment and qualified specialists;
•  a quality control laboratory.

For example, such clusters have been established in the Tashkent region (Binokor, Euro Global Invest) and Navoi (Zarafshan Golden Group), which produce 80% of construction structures and carry out contract work.

As a result, the cost of 1 square meter of housing is 3.5 million soums, which is 20% cheaper than other construction companies.

Regional khokims should establish such clusters in each region within three months. At the same time, regional khokims, for example, need to work with large cement plants and establish modern housing clusters with them.

Next year, $150 million will be allocated to support housing clusters,” he said.

Due to this, such clusters will be allocated:

•  revolver loan of 10 billion soums for working capital;
•  long-term loans of $2 million to bring in equipment and construction machinery.

There will also be a 2-year customs exemption for the import of modern equipment and construction machinery.

At the same time, construction companies were instructed to submit a proposal within a week to allocate $50 million to expand the possibilities of purchasing such equipment on a lease basis.

“In order to reduce infrastructure costs, it is necessary to organize clusters of construction materials around existing raw materials or large enterprises.

Such a cluster was established in Gazgan in just one year and has shown its effectiveness. Currently, 11 enterprises of cement, drywall, gas blocks, reinforced concrete, metal products, dry mixes are being launched in the Uzbekistan district.

Logistics, science and innovation centers, a modern laboratory will be established next to them. Combining the market research, a competitive cluster will be established in the export and domestic markets.

200 billion soums will be allocated for the infrastructure of new clusters.

The state has allocated $200 million to finance construction materials production projects. In addition, another $300 million should be attracted from foreign financial markets next year,” the head of state said.

Related News
Top