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Economy 22/01/2013 Enterprises receive 2.02 trln. soums within financial support programmes
Enterprises receive 2.02 trln. soums within financial support programmes
Tashkent, Uzbekistan (UzDaily.com) -- State Committee of the Republic of Uzbekistan for privatization, demonopolization and development of competition in cooperation with commercial banks and other interested state bodies developed programmes on financial support and full load of production capacities with creation new jobs.

The programmes envisaged to direct investments to 1,650 enterprises in all regions of Uzbekistan to their modernization and re-equipment.

The programmes stipulated that over 1.9 trillion soums of investments will be directed to these enterprises, of which 1.2 trillion soums of loans will be commercial banks’ loans.

As of 1 January 2013, some 2.017 trillion soums of investments were directed to these enterprises, of which 1.316 trillion soums were loans of commercial banks and 700 billion soums – own resources of enterprises and their owns.

The loans of commercial banks were directed to purchase modern technologies and equipment, spare parts for production of competitive products.

In the result, these enterprises produced goods for 5.476 trillion soums in 2012 and exported products US$355 million. They also created 41,000 new jobs.

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