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Finance 10/11/2008 Inflow foreign investments grows by 31.2% in Jan-Sep
Inflow foreign investments grows by 31.2% in Jan-Sep
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan attracted foreign investments for US$1.289 billion in January-September 2008. The growth rate made up 31.2% year-on-year, State Statistics Committee of Uzbekistan said.

About US$118.4 million of foreign investments were attracted under the state guarantee (up 12% year-on-year) and US$1.171 billion (up 33.5% year-on-year) were foreign direct investments.

The share of foreign investments in total volume of investments to fixed capital rose from 21.6% in nine months of 2007 to 21.9% in the same period of 2008. Total investments to fixed capital comprised 5.809 trillion soums [about US$4.3 billion] in January-September 2008.

Uzbekistan plans to attract US$1.435 billion on 79 investment projects in 2008. The country attracted US$1.014 billion of investments in 2007 or up 12.9% year-on-year.

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