Development of entrepreneurship discussed in Andijan
17/09/2014 13:06
Development of entrepreneurship discussed in Andijan
17/09/2014 13:06
Tashkent, Uzbekistan (UzDaily.com) -- Andijan regional Council of the Liberal Democratic Party of Uzbekistan (UzLiDeP) held a dialogue entitled “Rehabilitation of solvency of business entities and simplification of processes of doing business”.
MPs of Legislative Chamber, representatives of justice body, tax committee, Chamber of Commerce and Industry, State Committee of Privatization, Demonopolization and Development of Competition, regional Council of Farmers, and others participated in the event.
At the meeting, the specialists provided information on created legal bases for rehabilitation of insolvency of the business entities and simplification of processes of doing businesses. In 2013 and eight months of 2014, some 449 businesses suspended their operations in Andijan region.
It was underlined that share of small and private businesses are growing in gross domestic product of Uzbekistan and the sector play important role in forming modern infrastructure and employment of people.
According to the State Statistics Committee, share of small businesses in GDP of Uzbekistan reached 43.9% in January-June 2014, which rose by 0.7 percentage points higher than the same period of 2013.
Share of small businesses in industrial output reached 28.4% in the first half of 2014 (22.9% in 1H 2013), paid services – 45.2% (40.9%), retail trade turnover – 45.6% (43.8%). About 76.4% of people work in small business sector.
It was underlined that share of small businesses in Andijan region reached 50.4% in the first six months of 2014, in industrial production – 15.6%, agriculture output – 99.9%, construction works – 93.1% and trade – 43.5%.
Currently, there are over 22,000 small and private businesses in Andijan region. They work in such areas as light industry, machinery, furniture production, construction materials, footwear, etc. The commercial bank allocated 351.6 billion soums of loans to small businesses.
In the first six months of 2014, about 974 small businesses were created in January-June 2014. Some 36,350 new jobs were created in the region in the first half of 2014. Products of businesses for 31.8 billion soums were realized via commodity exchange.
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