The current state and prospects of work in the field of geology were considered

On October 27, President Shavkat Mirziyoyev got acquainted with a presentation on the ongoing work to expand geological activities, plans to identify and develop promising areas, the press service of the head of our state reports.

In achieving the goals of development of domestic industry, it is important to provide the economy with mineral resources. In recent years, in the process of transformation of the geological sphere, its material and technical base has been strengthened, scientific research and personnel training have been strengthened.

At the presentation, the head of state was informed about the work done in the industry, measures taken to attract foreign partners and investors in the exploration and development of mineral resources, as well as plans for the future.

It was noted that in recent years the volume of geological exploration work has increased 3 times compared to the previous period. The introduction of such advanced methods as 3D seismic exploration, airborne geophysics, cosmogeology, and digital geology has begun. The University of Geological Sciences was organized, where today 1.5 thousand young people acquire modern knowledge and skills.

At the same time, the legislative framework was improved and other necessary conditions were created for the widespread attraction of private investment in geological projects.

Due to this, the number of entrepreneurs involved in the search and development of deposits has increased 4 times. In the current year alone, $180 million of foreign investment was invested in geological work, and the total cost of ongoing projects exceeded $2 billion.

After hearing the report, the head of state identified the tasks facing the geological exploration sector in the next year.