Tashkent, Uzbekistan (UzDaily.com) —  On 27 November, President of Uzbekistan Shavkat Mirziyoyev held a meeting to analyze the current state of foreign investment inflows and plans for the upcoming year.

Over the past 10 months, Uzbekistan has attracted more than US$26 billion in foreign investments, which is 1.7 times higher than last year. Of this amount, approximately US$24 billion are direct investments.

These funds have facilitated the launch of 6,300 new enterprises, created added value amounting to 30 trillion soums, and increased exports by US$305 million.

A particularly significant achievement was the creation of 163,000 high-paying jobs.

It is expected that an additional US$8.6 billion in investments will be attracted by the end of the year.

The meeting thoroughly analyzed the process of attracting investments and implementing projects across various regions and sectors of the economy. In some areas and cities, investment levels remain low, and in certain sectors, there has been a decline compared to the previous year. It was noted that the implementation of several projects in collaboration with international financial institutions is progressing slowly, with delays in project documentation development and tendering for 17 projects.

The President emphasized the need to increase investment activity at the regional level and fundamentally change the approach in this area. He pointed out that the European Bank for Reconstruction and Development (EBRD) expressed its readiness to finance projects involving the private sector, opening up additional opportunities for attracting investments. Regions must effectively leverage such opportunities and independently attract financial resources. It is important not only to increase the volume of investments but also to improve their quality, ensuring that they contribute to industrial development, job creation, and the enhancement of export potential.

The President also instructed a review of the volumes and directions for attracting funds from international financial institutions and foreign governmental organizations and to define specific projects for 2025, including public-private partnerships and private investments in various sectors and regions.