Uzbek regions to have rating of investment attractiveness
Baku, Azerbaijan, Jan.10
By Nigar Guliyeva – Trend:
A rating of investment attractiveness of Uzbekistan's regions will be published regularly, according to the draft state program for 2018 "Year of active entrepreneurship, innovative ideas and technologies".
The draft state program notes that before June 1, 2018, a normative legal act will be developed to prepare a rating for the investment attractiveness of the regions.
The rating will assess the conditions created for investors in the regions of Uzbekistan.
From early 2017 to November, foreign investment in Uzbekistan amounted to $4.2 billion, including foreign direct investment worth $3.7 billion.
Among the investors are companies from the US, Turkey, South Korea, Germany, Russia and Japan.
Furthermore, in 2011-2016, the volume of foreign investment in Uzbekistan decreased by 40 percent - from $ 3.3 billion to $ 1.9 billion.
Last year, the State Committee for Investments was established to attract large investments in Uzbekistan. The State Committee is committed to the full implementation of Uzbekistan's investment potential, further improvement of the investment climate, the quality development of annual investment programs, formation of the most favorable conditions for attracting foreign investment.