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$100 million on preferential terms to support small and medium-sized businesses in Khorezm region
11:51 / 2024-03-01

President Shavkat Mirziyoyev chairs a meeting on the priority tasks of the socio-economic development of Khorezm region.

As the Head of state noted, $1.1 billion and 10 trillion UZS are allocated for measures under discussion.

$100 million will be allocated on preferential terms to support small and medium-sized businesses in Khorezm region. This will support 5.5 thousand entrepreneurs and create 50 thousand permanent jobs.

The construction and commissioning of a new bridge across the Amudarya will solve a long-standing problem. And most importantly, the population will be able to save two hours. The cost of freight transportation by rail will be reduced by 600 thousand UZS per car.

This is a new opportunity for entrepreneurs in Khorezm region, which has few natural resources and an excellent incentive for developing industry and the service sector.

UzA