04 June 2020

Total foreign investment expenditure amounted to $2.5 billion

In the period from January to April of this year, the total amount of foreign investments made up $ 2.5 billion, including foreign direct investment – $ 1.7 billion and foreign loans – $ 831 million.

At the same time, the growth rate to the same indicator in 2019 was 1.6 times. The share of utilized foreign direct investment in the total investment increased to 26%.

In the reporting period, 336 projects were commissioned: 8 large industrial enterprises and 328 industrial facilities of regional significance.

The leaders in attracting investment in the economy of Uzbekistan were Russia, China, Germany and South Korea, and the total number of investing countries in the country’s economy was 37.

According to the results of the reporting period, the most attractive for investors were the electrical industry (growth – 24 times compared to the same period in 2019), the chemical industry (growth – 13 times), leather and footwear (growth – 2.5 times) industries. The oil and gas industry (growth – 2.3 times) and the construction materials industry (growth – 1.6 times) also show good performance.

At the same time, the growth trend of foreign direct investment and credit flows to projects of regional significance, the total value of which in the reporting period amounted to $ 958 million, increased by 2.6 times compared to the same period in 2019. High growth dynamics by regions is observed in Jizzakh (13 times), Namangan (9.4 times) and Surkhandarya (4.2 times) regions.

According to the Investment Program, approved by the Decree of the President of the Republic of Uzbekistan dated January 9, 2020 No. PP-4563, in 2020 due to all sources of financing, the development of investments in fixed assets is forecasted in the amount of 233.2 trillion soums, of which foreign direct – 7.1 billion dollars, foreign investment and loans under the state guarantee – 2.7 billion dollars.

In particular, in 2020, it is planned to commission more than 2 thousand social, infrastructural, and industrial facilities: 206 new large production capacities, 240 regional production facilities, and 1.6 thousand social and infrastructural facilities.