"Investments – the factor of competition" – this was the theme of the forum held in Khorezm region by the State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition.

The forum participants talked on the main factors of increasing the competitiveness of the region, the strategy of socio-economic development of the region, the state of industry and prospects of its development.

The event also saw the discussion of the projects included in the Territorial program on competition development in Khorezm region for 2016-2017, and directions for their implementation.

- The first Territorial direction of the program on competition development in Khorezm region for 2016-2017 is to identify the competitive advantages of the region. It is appropriate to mention the existence of unused capacity and available resources. Accordingly, it will be determined what products the region has to offer for sale on the domestic market. The second direction of the program involves the creation of small industrial zones with available preferential conditions for small, compact production. And the third direction involves the offer to potential investors of state assets at zero redemption value, - said the head of the State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition Ulugbek Kamaletdinov.

Within the two-year territorial program, it is planned to implement 194 projects with investments to be drawn exceeding 12 billion soums. This, in turn, will create more than 1,000 new jobs.

The Forum also provided detailed information about established in our country opportunities for entrepreneurs, the benefits provided by the government for the development of competition.

Source: Jahonnews.uz