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Economy 15/05/2009 About 27.6% of investments directed to non-production branches of economy
About 27.6% of investments directed to non-production branches of economy
Tashkent, Uzbekistan (UzDaily.com) -- Non-production branches of Uzbek economy attracted over 732.9 billion soums or 27.6% of total investments into fixed capital in the first quarter of 2009.

Out of the total volume of investments in the non-production sphere, about 195.2 billion soums were used in housing construction, or 26.6% of total volume.

In January-March 2009, about 12,100 apartments with the total area of 1.44 million square meters (up 1.3% year-on-year), including 1.219 million square meters (up 4.4%) in rural areas, were built and commissioned.

About 171.9 billion soums of investments were used for new construction and capital reconstruction of general education schools, which made up 23.5% of investments in the non-production sphere and 40.3% of investments in education.

Out of the total investments used for new construction and capital reconstruction of general education schools means of the school education fund amounted to 93.3% and the fund for children sports development - 6%.

Some 244.7 billion soums of investments were used for construction and reconstruction of academic lyceums and vocational colleges, which made up 33.4% of investments in the non-production sphere and 57.4% of investments in education.

About 8.6 billion soums were used for construction of water-supply networks, of which 1 billion soums - budgetary funds (11.6% of total volume), 5.9 billion soums - foreign investments and credits (68.4%) and 2 billion soums were used for construction of gas networks (at the expense of means of population).

Total volume of utilized investments in fixed capital increased by 31.4% year-on-year to 2.652 trillion soums in January-March 2009.

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