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Finance 27/10/2015 Uzbekistan uses investments for 28.5 trln soums in Jan-Sep
Uzbekistan uses investments for 28.5 trln soums in Jan-Sep
Tashkent, Uzbekistan (UzDaily.com) -- The volume of used investments in Uzbekistan made up 28.5 trillion soums in January-September 2015, which grew by 9.9% year-on-year, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said.

The publication noted that over 9,300 individual houses on modern standard projects were commissions in rural areas, which helped to increase construction works’ volume by 18.7%.

Foreign investments and loans made up US$2.4 billion or 21.1% of total used investments in nine months of 2015. The volume of foreign investments and loans rose by 11%. The foreign direct investments made up US$1.8 billion, or rose by 7.4% year-on-year.

Over US$514 million resources of the Fund for Reconstruction and Development of Uzbekistan were utilized within implementation of large investment projects in strategic sectors of economy.

Own resources of businesses (30.5%) accounted the largest share in used investments, the publication said. It noted that the growth of such investments made up 20.7% year-on-year.

In the first nine months, 3,440 new production capacities were launched and 76 large investment projects with total cost of US$888 million were completed.

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