Uzbekistan, Tashkent, Jan 16 /Trend D.Azizov/
Uzbekistan plans to invest $758.1 million from the Republican Fund for Reconstruction and Development (FRDU) to implement 29 projects included in the State investment programme, approved by a special decree of President Islam Karimov in 2012.
Projects will focus on energy, petroleum and chemical industries, automotive, irrigation, transport and social infrastructure with the total costing $36.6 billion and a forecasted volume of investments amounting to $5.746 billion.
It is planned to invest $1.790 billion in projects co-financed by the Fond in 2012. Own funds of groups and enterprises amounted to $257.7 million and foreign investment and loans, $774.2 million.
There are plans to direct the largest volume of loans ($573.6 million) on projects in fuel and energy, chemical, petrochemical and metallurgical industries. There are also plans to invest $305 million in seven gas and oil industry projects, $21.05 million to update and unify the aircraft of Uzbekistan Airways, $38.8 million on the development of rolling stock repair facilities of the Uzbek Railway Company, $36.3 million to upgrade passenger urban transport and $68.3 million for the purchase of equipment for road construction.