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Uzbekistan masters $1.8 B of foreign investment in first half of 2019

Business Materials 26 July 2019 17:03 (UTC +04:00)

Baku, Azerbaijan, July 26

By Fakhri Vakilov - Trend:

In January-June 2019, 32,438 trillion soums of foreign investments and loans were mastered in Uzbekistan, which is 37.8 percent of total investments in fixed assets, Trend reports with reference to State Statistics Committee of Uzbekistan.

In the overall structure of foreign investment and loans, foreign investment reached 15.463 trillion soums ($1.793 billion) and, accordingly, 16.974 trillion soums accounted for foreign loans.

Foreign direct investment and loans in the current period amounted to 14.389 trillion soums, other foreign investments and loans - to 4.310 trillion soums.

The growth rate of foreign investment and loans, compared with the same period last year, increased by 2.9 times.

This indicator was the highest in the Jizzakh region, where an increase was 11 times.

On the other hand, this indicator was the lowest in the Bukhara region - 89.1 percent.

A significant amount of foreign investment and loans was used in the manufacturing industry, which amounted to 12, 426 trillion soums, or 38.3 percent of their total volume.

Furthermore, in the structure of manufacturing industry, 11.3 percent or 3.672 trillion soums of the total volume was used for the production of non-metallic non-mineral products; 8.9 percent, or 2.895 trillion soums - of textile products; and 6.1 percent, or 1.993 trillion soums - of chemical products.

In the mining industry, the figure was 3.343 trillion soums, or 10.3 percent of the total foreign investment and loans.

($1 = 8618.46 soums on July 26)

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