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Finance 30/10/2013 Uzbekistan uses investments for 19.3 trln. soums in Jan-Sep
Uzbekistan uses investments for 19.3 trln. soums in Jan-Sep
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan used investments at the size of 19.3 trillion soums in nine months of 2013, which rose by 12.5% year-on-year, a publication of Ministry of Economy and State Statistics Committee of Uzbekistan, published in local media, said.

The publication said that about 63% of the capital investments were directed to production purpose.

The volume of investments of off-budget funds rose by 32.6%, population funds – 22.8%, loans of commercial banks and other credit resources – 14.9%. The share of population funds in total investments made up 24.7%.

At the same time, Uzbekistan increased use of foreign investment and loans by 12.4% to US$1.812 billion, of which US$1.404 billion were foreign direct investments or 77.5% of total used foreign investments and loans.

Uzbekistan has commissioned several investment projects in nine months. Including, the country launched a co-generation gas tribune at Tashkent thermal power central, project on construction of Samantepe and Southern Urtabulak fields with construction of gas booster station and gas pipeline, modernization and construction of cement on dry method at Bekabadcement, expanding production at Indorama Qoqand Textile and Peskutex, etc.

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