{"id":11830,"date":"2024-05-16T17:00:29","date_gmt":"2024-05-16T12:00:29","guid":{"rendered":"https:\/\/invest-in-uzbekistan.org\/?p=11830"},"modified":"2024-06-07T14:58:31","modified_gmt":"2024-06-07T09:58:31","slug":"o-merah-po-sovershenstvovaniyu-mehanizma-upravleniya-investitsionnymi-proektami-s-uchastiem-mezhdunarodnyh-finansovyh-institutov-i-stran-donorov-postanovlenie-prezidenta-respubliki-uzbekistan-dd-21-2","status":"publish","type":"post","link":"https:\/\/invest-in-uzbekistan.org\/en\/zakonodatelstvo\/o-merah-po-sovershenstvovaniyu-mehanizma-upravleniya-investitsionnymi-proektami-s-uchastiem-mezhdunarodnyh-finansovyh-institutov-i-stran-donorov-postanovlenie-prezidenta-respubliki-uzbekistan-dd-21-2\/","title":{"rendered":"ON MEASURES TO IMPROVE THE MECHANISM OF INVESTMENT PROJECTS WITH THE PARTICIPATION OF INTERNATIONAL FINANCIAL INSTITUTIONS AND DONOR COUNTRIES RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN DD 21.06.2018 y. \u2116 RP-3796"},"content":{"rendered":"

.<\/span><\/span><\/p>\n

Unofficial translation<\/p>\n

RESOLUTION <\/span><\/strong><\/p>\n

OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN<\/span><\/strong><\/p>\n

21.06.2018 y.<\/span><\/strong><\/p>\n

No. RP-3796<\/span><\/strong><\/p>\n

<\/p>\n

On measures to improve the mechanism of investment projects with the participation of international financial institutions and donor countries<\/span><\/span><\/strong><\/p>\n

<\/p>\n

The country is consistently taking measures <\/span>to actively raise<\/span> funds from international financial institutions and donor countries in order to effectively and timely implement investment projects aimed at ensuring the accelerated development of economic sectors.<\/span><\/p>\n

Introduced a qualitatively new procedure for the formation and funding of state programs of development of the country, which makes it possible to ensure the effective implementation of economically sound investment projects with a clear definition of the sources of their funding, as well as eliminating wasteful expenditure of funds on their implementation. <\/span><\/p>\n

Along with those results conducted analysis showed that the system of management of investment projects with the participation of international financial institutions and foreign governmental financial organizations (hereinafter \u2014 IFI and FGFI) has a number of problems hindering the efficient organization of work in this field, as well as: <\/span><\/p>\n

first of all, there is no systematic approach to the coordination and organization of the control over the implementation of investment projects, which leads to disorder, untimely development allocated loan and grant funds, as well as unjustified delaying the timing completion of projects;<\/span><\/p>\n

the second is not resolved at the proper level, issues of organization of activities of relevant structures responsible for the implementation of investment projects, which leads to duplication and laying responsibility for their implementation in the organization do not have the necessary for this resource and capabilities;<\/span><\/p>\n

third<\/span>, narrow departmental approaches to the implementation of investment projects are the reason for the ineffective organization of work of project implementation (coordination) groups (hereinafter \u2014 the PIG), as well as the distraction of the PIG staff from the main tasks and goals of investment projects; <\/span><\/p>\n

fourth<\/span>, the existence of a plurality of the separate PIG in the framework of the single executive agency leads to an unjustified increase in expenditure on the management of investment projects;<\/span><\/p>\n

fifth<\/span>, insufficient work on the selection of personnel of the PIG does not allow to ensure their staffing with qualified personnel capable of effectively fulfilling the tasks assigned to them.<\/span><\/p>\n

In order to increase the efficiency of the PIG in the implementation of investment projects with the participation of IFI and FGFI, to ensure the timely development of borrowed and grant funds, as well as to achieve the goals outlined in the framework of investment projects:<\/span><\/p>\n

1. To accept the following proposals of the Ministry of Economy, Ministry of Finance, State Committee of the Republic of Uzbekistan on investments on: <\/span><\/p>\n

a) entrusting the State Committee of the Republic of Uzbekistan on Investments with the functions of a Project Office authorized to coordinate and control the activities of executive agencies in the implementation of investment projects with the participation of IFI and FGFI (hereinafter referred to as the Project Office);<\/span><\/p>\n

b) <\/span>the<\/span> removal of the PIG from the subordination of executive agencies and their transfer to the subordination of the Project Office;<\/span><\/p>\n

c) <\/span>entrusting<\/span> to the executive agencies identified within the framework of the relevant projects the functions of the customer of the investment project responsible for: <\/span><\/p>\n

determination<\/span> of the basic requirements for the results of the investment project and achievement of key performance indicators for its implementation; <\/span><\/p>\n

the<\/span> organization of the development of pre-project, project and tender (competitive) documentation for investment projects in the manner prescribed by law, and if necessary – the rules and procedures of IFI and FGFI; <\/span><\/p>\n

implementation<\/span> together with the Project Office effective monitoring of progress of implementation of the investment projects and control for the achievement of the parameters of approved project documentation; <\/span><\/p>\n

organization<\/span> of acceptance of intermediate and final results of the investment project. <\/span><\/p>\n

2. To identify the main objectives of the Project Office: <\/span><\/p>\n

implementation<\/span> of the system of critical study and coordination of the activities of the PIG with making proposals for its improvement;<\/span><\/p>\n

control<\/span> over the timely development of pre-project, project and tender (tender) documentation for investment projects in the manner prescribed by law, and, if necessary , the rules and procedures of IFI and FGFI;<\/span><\/p>\n

development<\/span> of measures for the timely and effective implementation of investment projects in accordance with the approved network schedules and exercise control over their implementation; <\/span><\/p>\n

organization<\/span> of work on the selection and approval of the heads of the PIG and formation the personnel of the <\/span>PIGwith<\/span> the number of qualified professionals, as well as the definition of matching the level of their qualification requirements in the field of management of investment projects; <\/span><\/p>\n

exercise<\/span> control over the organization of tenders (competitive) auctions in accordance with the approved tender (competitive) documentation; <\/span><\/p>\n

carrying<\/span> out monitoring for timely financing of investment projects according to the concluded contracts and the development of loan and grant funds in accordance with agreements with the IFIs and FGFI;<\/span><\/p>\n

interaction<\/span> with customers of investment projects in terms of ensuring the effectiveness of their implementation and achieving the parameters approved by the project documentation; <\/span><\/p>\n

coordination<\/span> of the PIG with IFI and FGFI, customers of investment projects, as well as authorized ministries and departments in the framework of investment projects; <\/span><\/p>\n

obtaining<\/span> from the PIG reports and necessary information about the course of realization of investment projects and, if necessary, the implementation of exit on the place to study the reliability of submitted information; <\/span><\/p>\n

assist in resolving problems, preventing the effective and timely implementation of investment projects, in fact including through interaction with bodies of state power and control; <\/span><\/p>\n

conduct<\/span> and coordination of the negotiations on the terms of the financing of investment projects implemented with the participation of IFIs and FGFI; <\/span><\/p>\n

providing<\/span> assistance in organizing the work of pre-appraisal and appraisal missions of IFI and FGFI on investment projects implemented with their participation, as well as providing organizational, informational and advisory assistance to delegations, missions, representatives of IFI and FGFI. <\/span><\/p>\n

The Project Office can exercise other tasks in accordance with the legislation, as well as the rules and procedures of the IFIs and FGFI. <\/span><\/p>\n

3. To establish that: <\/span><\/p>\n

The Project office on a regular basis submits information about the course of realization of investment projects to the Cabinet of Ministers of the Republic of Uzbekistan<\/span>;<\/span><\/p>\n

Decisions of the Project Office on the implementation of investment projects with participation of IFI and FGFI are mandatory for the executive agencies, bodies of state and economic management. <\/span><\/p>\n

4. State Committee of the Republic of Uzbekistan on investment, together with the interested ministries and departments: <\/span><\/p>\n

a) in the month period to ensure the involvement of international consultants to develop specific proposals for the introduction of modern mechanisms of management of investment projects with participation of IFI and FGFI, in fact those involving increasing responsibility of the executive agency for the implementation of projects; <\/span><\/p>\n

b) <\/span>in<\/span> the month period, to conduct a study and in-depth analysis of the effectiveness of the existing of the PIG, the state of compliance with the law in organizing their activities, as well as the fulfillment of the tasks assigned to them;<\/span><\/p>\n

c) in the period until 1 September 2018 the year on the basis of developed with the participation of international consultants for proposals and the results of the analysis of the effectiveness of the activities of the PIG to make a draft resolution of the President of the Republic of Uzbekistan, providing: <\/span><\/p>\n

reduction<\/span> by agreement with the financing of IFI and FGFI, the number of the PIG by their associations or elimination, as well as the optimization of the number of employed in their staff; <\/span><\/p>\n

determining<\/span> the order of the interdepartmental coordination explored by and implemented with the participation of IFI and FGFI investment projects, as well as the introduction of international standards in the field of management of projects, in fact those of the public procurement and conduct of accounting records. <\/span><\/p>\n

5. To establish that before the adoption of the resolution of the President of the Republic of Uzbekistan, provided in subparagraph \u201cc\u201d<\/a> of paragraph 4 of this resolution, the current function of the PIG and executive agencies in part of implementation of the current activities of the investment projects are stored in accordance with previously established procedures. <\/span><\/p>\n

6. The control over the implementation of this resolution <\/span>shall be assigned<\/span> to the Prime Minister of the Republic of Uzbekistan A.N. <\/span>Aripov<\/span> and Deputy Prime Minister of the Republic of Uzbekistan – Chairman of the State Committee of the Republic of Uzbekistan on investments S.R. <\/span>Kholmuradov<\/span>. <\/span><\/p>\n

President of the Republic of Uzbekistan Sh. <\/span>MIRZIYOYEV<\/span><\/strong><\/p>\n

The document presented in an unofficial translation from the database of the law firm \u201cS VERENIN\u2019S LEGAL GROUP\u201d.<\/em><\/p>\n

The document presented from the database of the law firm \u201cS VERENIN\u2019S LEGAL GROUP\u201d.<\/em><\/p>\n

The document presented as of ___23.05____2024\u0433.<\/em><\/p>","protected":false},"excerpt":{"rendered":"