Tashkent, Uzbekistan, Jan. 27
By Demir Azizov - Trend:
Uzbekistan plans to implement 870 major investment projects worth $38 billion in 2015-2020.
This is also stipulated by the action program to ensure the structural reforms, modernization and diversification of production in this period.
The action program of the country's cabinet of ministers, which was made public Jan. 27 by the central media outlets, envisages creation of 415 new high-tech enterprises, as well as modernization, technical and technological renovation of 455 existing industrial enterprises for production of export-oriented goods that are competitive in the domestic and external markets.
Among them there are enterprises for production of finished textile products and semi-finished products, polymers, products of deep processing of hydrocarbon raw materials, electronic and electrical appliances, household chemicals, modern building and finishing materials, as well as a wide range of products of leather and footwear, food and pharmaceutical industries.
According to preliminary calculations, the program will provide advanced development of industries manufacturing products with high added value, such as engineering, petrochemical, chemical, textile and food industries, with the development of about 1,000 new types of industrial products.
With the program's implementation, the industrial production should grow by 1.5 times in five years, while the share of industry in the country's GDP will rise from 24 percent to 27 percent by 2020.
Edited by SI