This year, the capital of Uzbekistan, Tashkent, plans to attract $9 billion in investments across 12 districts. However, during a video selection meeting, the president noted the need to strengthen efforts to attract these funds.
A new regulation is being introduced to resolve investors' issues more quickly: responsible leaders at both republican and city levels will visit districts weekly to meet with businessmen. Proposals on complex issues can be submitted to the Presidential Administration on the same day.
For next year, the goal is set to increase attracted investments to $10 billion and create between 150,000 and 200,000 permanent, high-paying jobs.
Development of Streets and Mahallas
Significant attention during the meeting was paid to the comprehensive development of streets and mahallas, using Olmazar district as an example. Since the beginning of the year, nine streets in this district have been transformed into zones attractive to tourism and business. Among them is the 'Kichikrik' mahalla, where a kindergarten for 450 children, sports grounds, an alley, fountains, an amphitheater, and pedestrian paths were built, improving living conditions for 5,500 residents.
This successful experience is planned to be scaled up to eight more streets in Olmazar district, as well as three to four streets in each of the remaining eleven districts of the capital.
A budget of 1 trillion soms has been allocated for the complete renovation of 100 Tashkent streets. Additionally, a four-year program for the improvement of 400 mahallas, modeled after the 'Kichikrik' mahalla, is being developed, costing 10 trillion soms. All planned changes must be discussed in local kengashs and be accessible to the population.
Other Directions of Capital Development
Issues regarding the improvement of the city's historical part and more effective use of state property were also discussed during the meeting. By November 1st, a unified concept and a portfolio of projects concerning the comprehensive development of the Old City must be created with the participation of foreign companies.
Furthermore, leaders were instructed to conduct a full inventory of 497 administrative buildings of state institutions, covering a total area of 765,000 square meters. The goal of this inventory is to transfer inefficiently used premises to entrepreneurs for long-term lease for trade, service, private medicine, and education purposes.
