President Mirziyoyev announces $100 million in additional funding to accelerate Bukhara’s socio-economic development

Shavkat Mirziyoyev held a meeting dedicated to the socio-economic development of the Bukhara region, according to the president's press secretary, Sherzod Asadov.

The head of state discussed the progress of district development based on four models. For instance, through the "Uychi Experience," 500,000 jobs were created; however, 15 districts and cities failed to meet at least 90% of their targets.

Under the "Saykhunabad Experience," 132,000 microprojects were launched in the neighborhoods, providing employment to 242,000 people. However, 46 neighborhoods completed only 1-2 projects.

So far, no projects have been prepared for the construction of vertical industrial complexes in the mahallas (the "Gijduvan Experience"). The president has instructed that these be developed by the end of the year.

Additionally, Mirziyoyev announced the signing of two decrees to allocate funds for the development of the Bukhara region. An additional $60 million will be directed toward entrepreneurship in the region, and $40 million toward infrastructure.

Currently, Bukhara has over 18,500 trading establishments, 584 guest houses, and 122 restaurants. However, the number of catering establishments per 1,000 people is lower than in Samarkand.

"Model" development work was noted in the Vobkent, Romitan, and Jondar districts. Meanwhile, the Shofirkon district, one of the most populous, ranks last in terms of services.

Districts have been instructed to designate streets and neighborhoods for specific services—catering, hospitality, trade, etc. The goal is to attract at least five international hotel and restaurant chains to the region.

Furthermore, the president supported initiatives to simplify the allocation of plots in industrial zones and provide them for service delivery. Each district has been instructed to allocate 20 hectares of land for these purposes.

To facilitate the purchase of ready-made service facilities, a new type of loan—"service mortgage"—is planned to be introduced. Responsible officials were instructed to start issuing new loans.