Uzbekistan increases foreign investment inflow by 1.7 times

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In the first 10 months of 2024, foreign investments in Uzbekistan's economy exceeded $26 billion, which is 1.7 times higher than the figures for the same period last year, President of Uzbekistan Shavkat Mirziyoyev stated, the press service of Uzbek President reports.

Mirziyoyev held a meeting to discuss the state of attracting foreign investments and plans for the upcoming year.

"Over the past 10 months, more than $26 billion in foreign investments have been attracted to our country, which is 1.7 times higher than last year. Of this amount, approximately $24 billion are direct investments," Mirziyoyev said.

It was noted that the attracted funds facilitated the launch of 6,300 new enterprises in Uzbekistan, created added value worth 30 trillion soms, and increased exports by $305 million. Additionally, these investments led to the creation of 163,000 high-paying jobs.

It is expected that an additional $8.6 billion will be attracted by the end of 2024.

Mirziyoyev instructed regional authorities to boost investment activity and leverage existing opportunities. He emphasized not only increasing the volume of investments but also improving their quality. The president tasked officials with identifying specific projects for 2025, including those based on public-private partnerships and private investments.

CentralasianLIGHT.org
November 28, 2024