Article 32. Investments in railway transport
On railway transport (LRU-1006-son) · Date: 27.11.2024 · In force
The state creates conditions for attracting investments for the development of railway transport.
The construction, renewal, reconstruction, and modernization of public railway transport objects are carried out at the expense of the authorized organization's and infrastructure operator's own funds (including funds in the form of dividends payable to the State Budget), funds from foreign government financial organizations and international financial institutions attracted under a state guarantee, the State Budget of the Republic of Uzbekistan, as well as on the basis of public-private partnership agreements, funds of an individuals or legal entities, and other sources not prohibited by legislation.
The construction of non-public railway tracks, stopping points, cargo yards, and other objects of public railway transport is carried out at the initiative of interested an individuals or legal entities and at the expense of their funds, as well as other sources not prohibited by legislation, in the established manner.
The use of State Budget funds allocated for the construction, renewal, reconstruction, and modernization of railway transport objects for the financing of any other activity not related to railway transport operations is not allowed.
