Tashkent, Uzbekistan (UzDaily.com) — In 2025, Uzbekistan aims to attract US$42 billion in foreign investments. This was announced by President Shavkat Mirziyoyev during a meeting dedicated to investment attraction and export stimulation.

The President highlighted that over the past year, foreign investments have increased by 1.6 times, reaching US$34.9 billion. A total of 242 major and medium-sized projects, worth US$10 billion, were launched, and preliminary data indicates that commodity exports exceeded US$27 billion.

In 50 districts of the country, investments surpassed US$100 million. In certain districts of Tashkent, such as Mirzo-Ulugbek, Chilonzor, and Shaykhontokhur, as well as in Samarkand, Namangan, Novonamangan, and Davlatabad, the figure reached US$300 million.

Investment plans in sectors like mining, oil and gas, chemical industries, and agriculture were exceeded by two times. However, despite this, in "Uztransgaz" and "Uzmetkombinat," the utilized investments decreased by 50%, and in "Uzsuvaṭminot," by 20%. Mirziyoyev demanded that the leaders of these enterprises improve results by the end of the current quarter.

Additionally, weak performance in attracting investments from promising countries was noted. Investments from France, Italy, Spain, Hungary, Malaysia, and Japan did not exceed US$100 million.

Due to significant shortcomings in investment attraction and agricultural development, the khokim of Syrdarya region, Akmaljon Mahmudaliyev, was removed from his position.

Warnings were issued to the khokims of Akhangaran, Gulistan, Beruni, Kungirat, and 12 other districts for low volumes of foreign investments and a reduction in exports. In 8 districts, investments did not exceed US$15 million.

Mirziyoyev announced the introduction of a new monitoring system in the investment sector. The Prime Minister was tasked with approving a monthly plan to attract US$42 billion in investments.

Heads of local and regional khokimiyats, as well as leaders of sectoral ministries and agencies, will be required to dedicate at least two days per week to investment-related work. Officials will also hold meetings with businesses in problematic districts to address existing challenges.