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Advanced training courses for heads of regional departments of the Ministry of Investment and Foreign Trade

The Ministry of Investment and Foreign Trade supported by he Academy of Public Administration under the President of the Republic of Uzbekistan arranged advanced training courses for the heads of regional divisions, i.e. deputy khokims of districts and cities of the Republic on the raise of investments and exports.

Deputy Ministers of Investment and Foreign Trade, heads of business units of the Ministry, as well as leaders and experts of ministries, departments, specialized committees, industry associations and commercial banks participated as teachers.

The initiative is aimed at improving qualifications and skills in the raise of investment, interaction with foreign and local investors, development of export potential and promotion of domestic products in the foreign markets, review of economic and industrial opportunities and identification of 'growth points' at the level of cities, districts and makhallas.

The training involves the following areas: Development of investment proposals and the raise of investments, Creation of an investment program and monitoring of the progress in investment projects, Raise of industrial investment and development of export potential, Requirements, and procedures of international financial institutions and foreign government financial organizations, Mechanisms to support exporters, Effective use of uninhabited lands, buildings and structures, raw materials and credit resources, Marketing research, etc.

The participants were divided into groups, which included representatives of districts and cities of different regions. This provided exchange of successful experience in the implementation of projects and exports stimulation considering various regions, as well as discussion of opportunities for interregional industrial cooperation and contacts with entrepreneurs.

According to the training results, the participants will present concepts for the further development of investment and export activities for each district and city, which will include proposals for investment raise in promising industries, specific investment proposals, effective algorithms to stimulate industrial production and exports, as well as measures to promote products in new markets with specific time frames and results.

The courses will last until December 30 of this year. It is planned to have such arrangements next year on a regular basis.