BAKU, Azerbaijan, June 12
By Ilkin Seyfaddini - Trend:
The number of enterprises operating in the construction sector in Uzbekistan reached 38,300 as of 1 June 2020, which is 20.4 percent more than the same period of 2019, Trend reports with reference to State Statistics Committee of Uzbekistan.
The largest number of enterprises operating in the country's construction sector is micro-firms - 35,300, a 20.9-percent increase, limited liability companies - 28,500, a 25.8-percent increase, private enterprises - 7,800, a 5.4-percent increase.
The number of small enterprises operating in the country's construction industry reached 2,700 (an increase of 12.5 percent), enterprises with foreign capital participation - 800 (an increase of 33.3 percent) and family enterprises - 400 (a twofold increase).
Earlier, to ensure the continuity of construction work carried out in the country, Uzbek government exempted imported building materials from customs duties.
During the period from January through April 2020, the volume of construction materials imports amounted to 5.1 percent of the total imports, reaching $328 million.
The Government of Uzbekistan set a task for Ozsanoatqurilishmateriallari Joint Stock Company (Uzbek major producer of construction materials) to bring the production to 10 trillion soum ($984.9 million) in the first half of the year, and 22 trillion soum ($2.1 billion) by the end of the year. It was entrusted to expand production to substitute import of construction materials.
Uzbekistan has 275 promising deposits of necessary raw materials, and 14 projects worth $52 million are being implemented in Gazgan settlement of Nurata district.
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