Friday, 29, March, 2024

President Shavkat Mirziyoyev signed a Measures to Ensure Uzbekistan’s Need in Ferrous Metal Rolling and Metallurgical Raw Materials Decree which paves way for imports into Uzbekistan of 50 thous. tons of rolled ferrous metals under contracts with manufacturers or their official dealers (distributors), without holding tenders.

Uzbekistan Railways shall be the importer party of rolled ferrous metals, then they shall be sold to customers of affordable housing under construction in rural areas and cities, for construction of Sergeli sky-rail and Yunusabad metro lines, the ring railroad, etc.

The said customers will transfer the allocated funds for the construction of affordable housing, multi-storey houses, social facilities and road transport-engineering and communications infrastructure; while metallurgical raw materials – by UzMetKombinat's own funds, 20 thousand tons in addition to the approved volume for further  production and delivery of rolled ferrous metals to the customers of the facilities.

The head of state granted customs and tax benefits to some companies until January 1, 2019.

Latest in Economy