According to the new procedure approved by the Cabinet of Ministers, organizations in Uzbekistan that have implemented a dual education system in partnership with state technical colleges and hire graduates from these colleges will be eligible to apply for loans.
This procedure was established by Resolution No. 449 of the Cabinet of Ministers of the Republic of Uzbekistan dated August 20, 2026, according to its approved provisions.
To qualify for a loan, an organization must conclude a valid agreement with a technical college to implement the dual education program. Furthermore, the company is obliged to create jobs and provide practical training for students within this program.
Another condition is the appointment of qualified specialists as mentors for students undergoing dual education. Employment contracts must also be concluded with the students themselves for a specified period, stipulating salary payments.
An additional requirement is the obligation of the organization to hire a technical college graduate into an open position under an employment contract this year.
To obtain a loan, the organization must submit an application to a commercial bank, attaching all necessary supporting documents. These include copies of the dual education agreements, both between the technical college and the organization, and between the organization and the student.
The required document package also includes the dual education program, a list of students participating in the program, a plan for using the loan funds, and a certificate of no tax arrears.
After reviewing the submitted materials, the bank assesses whether the organization meets the established creditworthiness criteria. If all requirements are met, the commercial bank is obligated to notify the organization within three business days, conclude a loan agreement with it, and transfer the funds to the company's bank account.
Thus, the new lending mechanism is intended for organizations that simultaneously participate in training specialists through dual education and ensure the employment of technical college graduates.
