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Uzbekistan’s energy sector accounts for main share of attracted investments

Finance Materials 1 June 2021 10:51 (UTC +04:00)
Uzbekistan’s energy sector accounts for main share of attracted investments

BAKU, Azerbaijan, June 1

By Klavdiya Romakayeva - Trend:

The main share of investments realized in Uzbekistan from January through April 2021 in the amount of $229.3 million fell on the energy sector, Trend reports to the press service of the Ministry of Investments and Foreign Trade of Uzbekistan.

According to the committee, the total volume of investments attracted by Uzbekistan during the reporting period amounted to $548 million. It is noted that $14.8 billion of them were attracted for the implementation of 113 projects.

In particular, the main share of disbursed loans came from the Asian Development Bank - $111.9 million or 20.4 percent. It is followed by the World Bank - $72 million or 13.1 percent and the Islamic Development Bank - $48.2 million or 8.8 percent.

Among the projects being implemented, 41.9 percent of already realized investments in the amount of $229.3 million are in the energy sector, 17.1 percent or $93.6 million in agriculture and water management, 14.2 percent or $77.7 million in transport infrastructure and 11.5 percent or $63.3 million for healthcare.

Earlier it was reported that the public domestic debt of Uzbekistan as of April 1 amounted to $2.2 billion, or 3.7 percent of GDP, while the country's external debt accounted for $21.2 billion, or 36.8 percent of GDP.

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Follow the author on Twitter: @romakayeva

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