Under the Resolution of the President of the Republic of Uzbekistan “On measures for the creation of the industrial technical park “Yangihayot” in Tashkent” No.PP-4979 dated February 4, 2021, a new industrial technology park with a land plot of 210 hectares will be built in the district of Yangihayot of Tashkent (hereinafter – the “Resolution No.PP-4979”).
In accordance with the Resolution No.PP-4979, there will be :
The organizational commission for the creation of the industrial technical park “Yangihayot” has the following obligations:
The project for the creation of the industrial technical park “Yangihayot” will be financed from the resources provided for in the Programme for the Development of the Social and Industrial Infrastructure of the Republic of Uzbekistan, additional sources of the local budget, the management of the technological park, investors, and other sources not prohibited by law.
The program for compensation for losses of agricultural and forestry production provides for the payment of compensation on an installment basis for up to 5 years.
The new industrial zone will increase the region’s industrial production capacity and provide local people with high-paying jobs.