It is being reported that a separate credit line worth $50 million is being opened from the Uzbekistan Fund for Reconstruction and Development (UFRD) to provide tourism organizations with working capital to attract foreign tourists to the country.
This year, 100 billion Uzbek som ($7,948,950) will be allocated from the country’s budget to improve the tourist infrastructure in priority regions. Each will also attract an investment of $50 million.
Several reliefs are to be provided for entrepreneurs in the tourism field. Among them are measures such as exempting buses and minibuses from customs duties, covering 50% of the expenses of tour operators and craftsmen at international fairs, and reducing the profit tax by 50% for entrepreneurs who organize business events with the participation of foreign guests.
Uzbekistan’s president Shavkat Mirziyoyev has emphasized the need to create a national tourism brand for Uzbekistan. Accordingly, content about the types of tourism in the country is being created based on the requirements of target markets. These are then promoted on international and social media platforms and at world sports and art events. Foreign journalists, bloggers, and influencers with a large audience are also involved in Uzbekistan’s tourism marketing.
To make tourism more convenient, a single online platform will be launched to provide information about all air, railway, and bus routes and to purchase tickets for prospective tourists. A system of selling air, railway, and bus tickets at least six months in advance will also be introduced.
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