Tuesday, 26 September 2023 18:47

The construction of a 400-bed student residence (hostel) is underway at the "Silk Road" International University of Tourism and Cultural Heritage on the basis of public-private partnership

The Law of the Republic of Uzbekistan “On Public-Private Partnership” and the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated September 9, 2021 “Measures to increase the level of coverage of students with accommodation in the higher education institutions of the Republic” 563 of “Silk Road” International University of Tourism and Cultural Heritage on the basis of the conditions of public-private partnership in the territory of the Samarkand Technical College of Tourism and Cultural Heritage located at 12 Turkistan Street, Samarkand city under the university the construction of a 400-bed student residence is planned.

On June 16, 2023, the agreement No. 37-2023 was signed between the private initiative family enterprise “Z-P-A” and the university on the construction, equipment, use, service and return of student accommodation. According to the expert opinion, the total cost of this project is 25,527,529,795 (twenty-five billion five hundred and twenty-seven million five hundred and twenty-nine thousand seven hundred and ninety-five) soums, of which 13,527,529,795 (thirteen billion five hundred twenty-seven million five hundred twenty-nine thousand seven hundred ninety-five) soums from the entrepreneur’s own funds, 12,000,000,000 (twelve billion) soums and part is carried out at the expense of subsidy funds allocated from the State budget.

According to the decision of the Cabinet of Ministers No. 239 dated May 6, 2022 “On approval of the regulation on the procedure for allocating subsidies from the State budget of the Republic of Uzbekistan for the construction of student residences on the basis of public-private partnership” for the construction of student residences the university applied to the Ministry of Higher Education, Science and Innovation on July 6, 2023 with letter No. 810 regarding the allocation of state subsidy funds.

On July 26, 2023, part of the State subsidy in the amount of 4,000,000,000 (four billion) soums was financed by the Ministry of Higher Education, Science and Innovation and transferred to a special account of the university.

According to paragraph 12 of the regulation approved by the said resolution, the amount of 3,829,129,469 (25,527,529,795 s.15%) was transferred to the special account of the private partner until July 28, 2023. Thereafter, in accordance with paragraph 2 of item 12 of the regulation approved by Cabinet Resolution No. 239 of May 6, 2022, as well as the act of completed works No. 1 of September 7, 2023, an additional amount of 4,170,870,531 was transferred to the special account of the private partner on September 29, 2023.

Contacts

Samarkand city, Republic of Uzbekistan, 140104, 17, University boulevard.

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