Since the beginning of the year, China has invested the most in the economy of Uzbekistan

More than 40% of capital investments in Uzbekistan in the first half of the year were provided by foreigners, Spot reports, citing data from the Statistics Agency.

From January to June, the volume of investments in fixed assets of local enterprises amounted to 139.1 trillion soums. Of these, 59 trillion soums accounted for investments and loans attracted from abroad.

A fifth of foreign investments were provided by China, which took the first place in terms of its share in their amount. Russia is slightly behind with 18.8%, and Saudi Arabia closes the top three with 8.5%.

Turkey took the fourth place (6.2%), followed by Cyprus with 4.3%. Of the European countries, Germany (2.7%), Switzerland (2.5%) and the United Kingdom (2%) also account for large investments in Uzbekistan. The top 10 also included the USA (1.9%) and Italy (0.5%).

At the same time, in terms of the number of new joint ventures and foreign enterprises, Russian investors are still noticeably ahead of the Chinese — 425 against 329 in seven months. The third place went to Turkey with 143 firms.

In addition, investors from South Korea and Kazakhstan — 94 and 59 companies were established with their participation, respectively. Among the world’s leading economies, representatives of the USA (22) and Germany (17) created the most new companies.

Russia, China and Turkey also hold the lead in the total number of firms with foreign participation in Uzbekistan. At the same time, their total number has significantly decreased since the beginning of the year.