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Mirziyoyev orders to transfer promising exploration areas to foreign investors

Uzbekistan`s geology sector was under scrutiny at a meeting chaired by President Shavkat Mirziyoyev on Monday. He stressed the need to expand the mineral resource base in the coming years by increasing the volume of geological exploration.

Uzbekistan`s geology sector was under scrutiny at a meeting chaired by President Shavkat Mirziyoyev on Monday.  He stressed the need to expand the mineral resource base in the coming years by increasing the volume of geological exploration.

Mirziyoyev urged to change the approach to the organization of exploration in order to attract more foreign investors. With this in mind, he instructed to create and transfer promising areas to foreign investors, improve the system of geological exploration and taxation, taking into account international experience.

- Half of the work in the geological field should be focused on investment. The situation in geology cannot be changed without investment. Instead of non-objective plans that promise results in the distant future, we need short-term and effective plans, " stressed Mirziyoyev.

https://uzreport.news/economy/mirziyoyev-orders-to-transfer-promising-exploration-areas-to-foreign-i...