Today, the main goal of design institutes is to artificially inflate the project cost in order to obtain a high percentage of profit from design. It’s time to stop this practice, emphasized Shavkat Mirziyoyev. Following the example of “UzEngineering” design organization, which develops projects for basic branches of the economy, other economic associations should also have similar specialized design institutes with highly qualified specialists.

Today, the main goal of design institutes is to artificially inflate the project cost in order to obtain a high percentage of profit from design. It’s time to stop this practice, emphasized Shavkat Mirziyoyev. Following the example of “UzEngineering” design organization, which develops projects for basic branches of the economy, other economic associations should also have similar specialized design institutes with highly qualified specialists.

Previously, activities on attracting and using loans, credits and grants were organized by Interdepartmental Council on the issues of cooperation with international financial institutions, organizations and donor countries, implementation of large and strategically important investment projects under the Cabinet of Ministers of the Republic of Uzbekistan. This reduced responsibility and initiative of state bodies, led to the emergence of unnecessarily bureaucratic procedures and costs.

The resolution of the President of our country “On measures of further enhancing effectiveness of cooperation with international and foreign financial institutions” of December 20, 2017 defined specific powers of the state governing bodies in this direction. Now the khokimiyats of all levels will work in close interaction with these structures.

Henceforth, the respective managers will be accountable to the law upon repeated assumption of cases of inclusion projects that are not well-designed, having no specific sources of funding and executors, existing only on paper in such a state development program, as an investment program. This was reported at the meeting, held on January 17 under the chairmanship of the President of the Republic Uzbekistan.