World meat industry news

Experts note the significant growth of the industry due to loans and benefits of the state.Since 2017, Uzbekistan has been implementing the project "Development of the livestock sector," which is designed for six years - from 2017 to 2022.

The country's financial partners were IBRD and the International Development Association, which provided loans of $30 million and $120 million for 25 years, respectively. The contribution of Uzbekistan itself is about $78 million: half in the form of financial funds, half in the form of tax and customs benefits.

A distinctive feature of the meat livestock development program was that state support in the form of loans and benefits for taxes and payments is also provided for processing projects.

If we compare the meat processing industries of the two countries, then Uzbekistan has achieved significant success in two years of implementing the target program, the neighboring republic thinks so.

Kazakh experts associate the secret of success with the competent position of the state - a comprehensive program of support for the industry.

For example, members of the Uzcharmsanoat association until January 1, 2023 receive such benefits as exemption from customs payments for imported equipment, components, raw materials, materials and furnishing, as well as income tax and property tax, mandatory deductions to state trust funds..