Economics

Businesses will receive up to 5 billion soums for working with technical school students.

Enterprises collaborating with technical schools on dual education will be eligible for preferential loans of up to 5 billion soums. These funds will be provided for a term of up to seven years, including a two-year grace period.

The interest rate on these loans will be four percentage points higher than the Central Bank's base rate. Financing will be provided by Uzbek National Bank and Aloqabank.

To receive each billion soum loan, an enterprise must ensure the participation of at least five technical school students in the two-year program. Furthermore, the organization is obligated to employ at least one graduate for at least one year.

Investors will also be able to commission the training of specialists necessary for their production. For groups formed at their request, they will be allowed to adjust up to 30% of the curricula and programs to meet the specific needs of each enterprise.

It was previously reported that special technical schools in Tashkent, Samarkand, and Fergana will be available for 11th-grade graduates with disabilities. These institutions provide 660 places in 37 different areas.

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