Uzbekistan Directs USD 1,5bn to Modernization in 1H
OREANDA-NEWS. July 21, 2009. Actual volume of capital investments in Uzbekistan comprised 2.29 trillion soums (about USD 1.541 billion) in January-June 2009, or up 49.3% of annual forecast, Ministry of Economy of Uzbekistan said.
Total forecast for capital investments for 2009 to modernization, technical and technological re-equipment will make up to 4.643 trillion soums (USD 3.124 billion) due to own resources of enterprises.
The country used 897.6 billion soums (USD 604 million) within the investment programme of Uzbekistan for 2009. Uzbekistan plans to attract 1.603 trillion soums (USD 1.078 billion) within the investment programme in 2009.
Uzbekistan utilized 93.5 billion soums (USD 62.9 million) out of total 241.2 billion soums (USD 162.3 million) due to resources of the National Road Fund in the reporting period.
Fund for Reconstruction and Development of Uzbekistan allocated seven projects for USD 166.36 million or 62.6% of annual forecast. The fund plans to issue USD 265.55 million on 11 projects in 2009.
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