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Uzbekistan sees growth of joint ventures by 18% within year

Business Materials 19 June 2018 11:33 (UTC +04:00)

Baku, Azerbaijan, June 19

By Fikret Dolukhanov – Trend:

By June 1, 2018, 6,127 enterprises with participation of foreign capital operated in Uzbekistan, which is 933 (18 percent) more than by June 1, 2017, the State Statistics Committee of Uzbekistan stated.

Of the total number of enterprises, 3,744 are joint ventures and 2,773 are enterprises with fully foreign capital.

The largest number of enterprises with foreign capital are operating in industry – 2,596 (42.4 percent), trade – 1,265 (20.6 percent) and other spheres of activity – 1,051 (17.2 percent), with the least number of enterprises operating in healthcare and social services - only 86 enterprises (1.4 percent).

In January-May 2018, 776 enterprises with participation of foreign capital were established in Uzbekistan, which is 2.8 times (496 enterprises) more compared to January-May 2018.

Residents of Russia participated in opening of 158 enterprises, residents of Turkey – 118, Kazakhstan – 87, China – 106 and South Korea – 70. Residents of Afghanistan, India, Germany, Ukraine, and Azerbaijan also expressed interest in opening joint ventures.

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Follow the author on Twitter: @FDolukhanov

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