BAKU, Azerbaijan, Oct. 26
By Klavdiya Romakayeva - Trend:
Kashkadarya region has implemented 10.5 trillion soums ($1.1 billion) or 18.5 percent of all foreign investments and loans in fixed assets in Uzbekistan from January through September, Trend reports referring to the State Statistics Committee of Uzbekistan
One of the major investment projects in the Kashkadarya region is the construction of the Uzbekistan GTL synthetic liquid fuel plant worth $3.6 billion.
The three leaders in terms of the development of foreign investments also included Tashkent city and Navoi region, which accounted for 15 percent and 14.5 percent, respectively.
These investments are mainly aimed at the development of cellular communication networks, the health care system, railways, the chemical industry, and the development of deposits of non-ferrous metals.
In total, 56.6 trillion soums ($5.4 billion) of foreign investments were spent in Uzbekistan for 9M2020.
Some $4.8 billion of foreign investments were spent in Uzbekistan for 9M2020. Of them, $3.2 billion accounts for foreign direct investment, and the rest is government-guaranteed loans.
According to the State Statistics Committee, in 2019 the country implemented investments in fixed assets for 195.9 trillion soums ($20.6 billion at the exchange rate of the Central Bank of Uzbekistan as of December 31, 2019). Of these, 43.6 percent were foreign investments.
---
Follow the author on Twitter: @romakayeva