27 September 2020

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14 Jan  2019 2992

Urban development will be proactive

Uzbekistan creates the Republican Agency for Urbanization and the Fund for the Development of Urbanization. 

Institutions will start working under the Ministry of Economy and Industry, as it was stated in Presidents Decree of January 10, 2019.

They are to play an important role in the implementation of the Concept of Urbanization Development in the Republic of Uzbekistan until 2030.

The main tasks of the Agency will be the implementation of unified state policy in the sphere of urbanization regulation, long-term planning of stages and results, long-term demographic trends analysis in cities and villages, and much more.

The Fund for the Development of Urbanization will accumulate funds from the land privatization, as well as sell them through auction sales, finance construction projects and develop the mortgage loan market.

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