06 July 2022

Which countries and how much invested in Uzbekistan in 2021

Alexey Sim, Deputy Head of the Agency for Strategic Development, provided investment statistics for 2021. The interlocutor shared the data in an interview with the Economic Review.

According to the results of last year, Uzbekistan mastered $11.1 billion of foreign investments – this is 113% of the annual forecast. Investments in fixed assets amounted to $9.8 billion, demonstrating a growth rate of 110% compared to 2020 indicators.

$9 billion worth of foreign direct investment and loans, which is 117% of the forecast. Here, investments in fixed assets reached $8.2 billion with a rate of 124% compared to 2020.

International financial institutions and foreign government financial organizations have allocated $2.1 billion to the country, which means that the annual forecast is 100% fulfilled.

Industry companies through foreign direct investment and loans were able to absorb $3.8 billion (103% of the forecast). For regional projects, this figure reached $5.2 billion, or 130% of the forecast.

The leading sectors in terms of investment are energy, metallurgy, chemical industry, electrical engineering, IT, construction, pharmaceuticals, light industry, agriculture, etc.

In total, more than 50 countries invest in the economy of Uzbekistan. The top five investor countries are as follows:

  1. China — $2.2 billion;
  2. Russia — $2.1 billion;
  3. Turkey — $1.18 billion;
  4. Germany — $800.7 million;
  5. South Korea – $137.4 million