Uzbekistan raised $7.5B as investments in 1H17
Tashkent, Uzbekistan, Aug. 7
By Demir Azizov – Trend:
Total volume of disbursed investments increased by 8.3 percent – up to 26.6 trillion soums (up to $7.5 billion) in Uzbekistan in January-June 2017, as compared to the same period in 2016, according to the data of the country’s State Statistics Committee.
Meanwhile, the volume of foreign disbursed investments and loans amounted to 6.556 trillion soums in 1H17, which is by 13.8 percent more than in the same period of 2016.
The share of foreign direct investments accounted for 90.3 percent of the total volume of foreign investments in the period.
Meanwhile, 67.6 percent of the total volume of investments was used in the oil and gas industry, 9.9 percent – in the sector of information and communication technologies, and 2.2 percent – in the chemical production sector in the period.
According to the Committee, the ratio of investments in fixed capital to GDP was 25.9 percent.
As of early July 2017, the number of enterprises operating with the participation of foreign capital totaled to 5,233 in Uzbekistan. Meanwhile, 346 new enterprises with the participation of foreign capital were registered in the country including in January-June 2017.
Total volume of disbursed investments amounted to $15.7 billion in 2015, which is by 9.6 percent more than in 2014. Moreover, $3.156 billion were disbursed, which accounts for 20.1 percent of the total volume of foreign investments.
It was previously reported that Uzbekistan plans to spend foreign investments in the amount of $4.506 billion for 199 investment projects in 2017.