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Uzbekistan plans to attract $37.5 billion in foreign investment

World Materials 19 August 2024 05:35 (UTC +04:00)
Ingilab Mammadov
Ingilab Mammadov
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BAKU. Azerbaijan. August 19. In 2024, Uzbekistan plans to attract $37.5 billion in foreign investment, which is 25% more than in 2023. This was reported by the deputy head of the department of the Ministry of Investment, Industry and Trade Ogulnur Atayeva, Trend reports.

As of mid-August 2024, Tashkent is the leader in terms of the volume of attracted investments, reaching $1.2 billion. In second place is Namangan region with $879 million, and in third place is Tashkent region with $739 million.

Atayeva also noted that the volume of investments in the energy sector of Uzbekistan increased by $3.8 billion this year. According to her, 228 projects worth $15.2 billion are planned to be launched by the end of the year, which will create 28.5 thousand new jobs.

As part of the development of $37.5 billion in foreign investment, $22 billion will be directed towards the development of industries, and $15.5 billion towards the development of regions.

In addition, the country will build production capacities worth 42 trillion soums, achieve import substitution worth $1.4 billion, and create export opportunities worth $710 million.

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