Sunday22 December 2024
centralasiabusiness.com

Uzbekistan aims to attract $43 billion in investments by 2025.

Uzbekistan aims to attract investments totaling $43 billion, which will enable the implementation of over 300 major projects and the launch of production for 662 import-substituting products. President Shavkat Mirziyoyev held a meeting to review the investment outcomes for 2024.
В Узбекистане в 2025 году планируется привлечь инвестиции на сумму 43 миллиарда долларов.

It is noted that since 2017, the economy has received investments totaling $188 billion from all sources, of which $87 billion was attracted from abroad. As a result, the share of investments in GDP has exceeded 30%, contributing to sustainable economic growth.

This year, the volume of investments in the economy has increased by 1.3 times, surpassing $36 billion. Thanks to these investments, 560 large and medium-sized projects with a total value of 70 trillion soums have been launched since the beginning of the year. An increase in exports by $1 billion is expected next year.

The head of state emphasized the need for targeted efforts with foreign investors, the creation of additional conveniences, and the fulfillment of all agreements reached. It was also noted that work is currently underway on 1,890 projects. Responsible individuals have been appointed to expedite their implementation.

The meeting also addressed issues of foreign trade. The goal is to double the country's annual export volume to $45 billion by 2030.