Uzbekistan

Uzbekistan

Facilitation and promotion of investment in mining industry

20 Feb 2019

The Regulation on Measures for the Fundamental Improvement and Integrated Development of the Building Material Industry was signed by the President of Uzbekistan on 20 February 2019. It provides a list of 275 deposits (plots) of non-metallic minerals for industrial development, in respect of which investment, including foreign investment, is attracted to develop these deposits. Furthermore, the time frame for obtaining a license for the use of a subsoil block containing nonmetallic minerals has been shortened to 10 days starting from 1 April 2019.