MECHANISMS FOR STIMULATING INVESTMENT IN CAPITAL REPAIRS AND ENERGY EFFICIENCY OF APARTMENT BUILDINGS IN UZBEKISTAN

Berdibaeva Guliza Berdibay kizi

doi:10.55640/

Authors

Berdibaeva Guliza Berdibay kizi Tashkent University of Architecture and Civil Engineering, doctoral student

DOI:

https://doi.org/10.55640/

Keywords:

Major repairs, energy efficiency, apartment building, investments, housing stock, financing, government co-financing, preferential loan, public-private partnership, residents, motivation, accessibility, outdated utilities, household energy, modernization, sustainable development, housing and communal services, reconstruction, lending, green lending, ESCO, budget, bank financing, modernization investments.

Abstract

This article analyzes the barriers and drivers of investment in major renovations and energy efficiency improvements to Uzbekistan's housing stock. Using statistical data, regulatory analysis, and a comparative study of international and national practices, key factors hindering housing modernization are identified: limited solvency of the population, insufficient owner motivation, weak legislative and institutional incentives, and outdated engineering and heating infrastructure. A variety of financing mechanisms are considered, including government co-financing programs, preferential bank lending, private investor participation, public-private partnerships (PPPs), and combined schemes. A hybrid cost-sharing scheme is proposed, combining budget funds, bank loans, shared participation by owners, and support. Such schemes can increase the affordability of major renovations and energy-efficient solutions, reduce the burden on households, and accelerate modernization. The study's findings can serve as a basis for developing government housing and utilities policies and programs for sustainable housing renovation.

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