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Uzbekistan improving efficiency of investment projects

Uzbekistan Materials 5 November 2021 16:42 (UTC +04:00)

BAKU, Azerbaijan, Nov 5

By Natavan Rzayeva - Trend:

President of Uzbekistan Shavkat Mirziyoyev held a meeting on improving the efficiency of investment projects, Trend reports referring to the press services of the president.

Measures for the timely implementation of new projects and bringing the already launched production in the country to full capacity were discussed at the meeting.

As a result of implementing thoughtful economic diplomacy, the volume of the country's exports and attracted investments are dynamically growing.

In particular, over the past five years, the volume of foreign investment has tripled. Due to this, hundreds of factories and enterprises were put into operation, the volume of production and services increased, employment of people was ensured, and new facilities were built.

Since the beginning of 2021, 179 major projects and 10,000 regional projects have been launched. Some 76 trillion soums ($7.1 billion) have been invested in these projects along with it 143,000 jobs were created.

The Ministry of Investment and Foreign Trade of Uzbekistan is set to launch 139 major projects and 3,000 regional projects by the end of 2021.

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