The session summed up results of social-economic development of Uzbekistan for 2013 and approved main priorities of economic programmes for 2014.

Uzbek President underlined that Fund for Reconstruction and Development also actively participates in financing strategic investment projects in basic industries of economy and road-communication sphere along with the participation of foreign partners.

In short period of time of its activities, the Fund turned into powerful financial institute, which holds assets of over US$15 billion, which is equal to annual volume of investments into economy of Uzbekistan, President noted.

He said that the Fund participates in co-financing of 86 strategic projects with total cost of over US$29 billion. In 2013, the Fund participated in implementation of 33 important projects for over US$780 million, which rose by 24% year-on-year.

Fund for Reconstruction and Development of Uzbekistan was created in May 2006 in line with the presidential resolution “On measures on organization activity of the Fund for Reconstruction and Development of Uzbekistan”. The charter capital of the fund was US$1 billion.

The fund was founded for financing and co-financing important investment projects, included into the state investment programme.