The new investment law establishes a compensation mechanism for investors in case of expropriation, - Ravshanbek Sabirov
One of the main aspects of this legislation is the provision of guarantees for the protection of investments, especially in situations where the state decides to expropriate property for public needs. Sabirov emphasized that in such cases, investors should be ensured compensation based on assessments by independent experts. This, according to the agency, will help reduce risks and increase the level of trust when launching various projects, including the construction of tourist infrastructure.
In addition to this, the creation of a unified database and registry of investors is planned, which will make the process of project support and interaction with government bodies more transparent and manageable, he noted.
Sabirov also discussed the timelines for the implementation of investment projects. He reported that some investors may complete their projects within a year, while others, especially capital-intensive initiatives such as the construction of hydroelectric power stations, require 3–5 years. This is due to the need for preparing a feasibility study (FS) and going through other mandatory procedures, which extends the overall implementation period.
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