Uzbekistan Uses Investments for 4,6 trln Soums in 1Q
OREANDA-NEWS. May 14, 2013. Uzbekistan used investments for 4.6 trillion soums in the first quarter of 2013, which grew by 7.2% year-on-year, a publication of the Ministry of Economy and State Statistics Committee of Uzbekistan said.
The state bodies said that 68.2% of total volume of investments was directed to production industries of economy.
The volume of capital investments, used due to off-budget funds, increased 1.6 times, population resources – 16.2% and credit of commercial banks – 10.6%.
At the same time, some 21.7% of used investments were resources of population, which shows high investment activity.
Adopted measures on attraction of foreign investments, and strengthening of guarantees and preferences for foreign investors and enterprises with foreign capital helped to increase the volume of used investments and credits by 35.5%, including foreign direct investments – 44%.
In the first three months, Uzbekistan began to implement 114 new investment projects for US.3 billion. The country implemented projects on production of aerated concrete at Story Max Invest, modernization of existing and construction of new cement line on dry method at Bekabadcement.
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