Uzbekistan to acquire over $110 M foreign investment

Business Materials 16 April 2019 18:02 (UTC +04:00)

Baku, Azerbaijan, Apr. 16

By Fakhri Vakilov – Trend:

Uzbekistan will spent over $110 million of foreign investment this year for the implementation of 8 projects in healthcare, Trend reports with reference to the Ministry of Health of Uzbekistan..

"Currently, 17 promising investment projects of more than $ 600 million are being worked out in the field of health. Together with the project initiators, another four investment projects worth $ 23 million have already started," the Ministry of Health said during the First International Healthcare Investment Forum in Tashkent.

Examples of such joint projects are:

-The cooperation with investors from the Turkish company Kani Med Health in the creation of a laboratory center.

-The cooperation with the Indian W Pratiksha Hospital Group in the creation of a multidisciplinary medical center.

- The cooperation in building and equipping the Mother and Child clinic with the Arab Khalifa Bin Zayed AI Nahyan Foundation.

- The cooperation with the German Bank KfW in equipping regional multidisciplinary medical centers with modern medical equipment.

"If in 2018, thanks to the support of international financial institutions in the health sector, $24 million was spent on six projects, then in 2019 this figure increased several times and $80 million was spent on the implementation of eight projects," the ministry added.

Moreover, special attention is paid to attracting investments in the pharmaceutical industry.

In 2018, 34 investment projects worth $96 million were completed, including eight projects worth $61 million in seven free economic zones.

Currently, work is underway in these zones to implement another 30 projects worth $169 million.

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