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ARTICLE · 01 MARCH 2021

Main Amendements To The PPP Legislation

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Since 2017, Uzbekistan has been experiencing a significant increase of foreign investment activity. The government has been implementing numerous reforms in its domestic legislation...

UzbekistanFinance and Banking
Saniya Perzadayeva
Saniya Perzadayeva

Since 2017, Uzbekistan has been experiencing a significant increase of foreign investment activity. The government has been implementing numerous reforms in its domestic legislation regarding openness and attractiveness of the foreign investment market in Uzbekistan.

The main issues in the implementation of investment projects were the following: what benefits and preferences they can get and what guaranteed benefit they would receive.

On June 10, 2019, the Law of the Republic of Uzbekistan "On Public-Private Partnership" (hereinafter - the "Law on PPP") was adopted, it has expanded the types of mechanisms for implementing investment projects. On January 22, 2021 legislators have amended the Law on Public Private Partnership ("PPP") which had a significant impact on investors.

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