Wednesday05 February 2025
centralasiabusiness.com

Mirziyoyev has instructed the development of a cashback system for housing purchases.

The President of Uzbekistan, Shavkat Mirziyoyev, has instructed the development of proposals to offer citizens a cashback on a portion of the funds paid for purchasing new housing. This initiative aims to reduce the shadow economy in the sector. This was announced during a video conference meeting.
Мирзиёев дал поручение создать систему кэшбэка для приобретения жилья.

It has been emphasized that the primary focus in housing construction should be on increasing the number of modern multi-story buildings in place of old structures. Through renovation, the efficiency of land use is expected to increase by 4-5 times, while costs for utilities will be halved.

It was noted that in Jizzakh, Margilan, Kokand, Shahrihan, Karshi, the Dustlik districts, and the capital, the work has begun successfully. There is a need to extend their experience to all regions.

This year, there are plans to construct 20,000 apartments based on renovation.