Stay up to date with the latest news
Subscribe to our telegram channel
Economy
29/10/2008
Uzbekistan to attract US$1.864bn investments in 2009
Uzbekistan to attract US$1.864bn investments in 2009
Tashkent (UzDaily.com) -- Uzbekistan plans to attract foreign investments for US$1.864 billion on 86 projects in 2009, the resolution of the Uzbek President Islam Karimov said.
According to the resolution, the country will attract US$481.75 million under the state guarantee on 47 projects and US$1.382 billion of foreign direct investments (FDI) on 39 projects.
Large share of investments will be directed to fuel-energy sector. The sector will attract US$1.061 billion on 17 projects, of which US$970.95 million on 13 projects will be FDI.
Uzbekistan plans to attract US$1.435 billion on 79 investment projects in 2008. Central Asian state attracted US$1.014 billion of investments in 2007 or up 12.9% year-on-year.
The country utilized US$731.2 million of foreign investments in January-June 2008, of which US$106.3 million attracted under state guarantees and US$624 million were FDI.
LATEST NEWS