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Economy 26/07/2010 Namangan region’s GRP grows by 11.1% in Jan-Jun 2010
Namangan region’s GRP grows by 11.1% in Jan-Jun 2010
Tashkent, Uzbekistan (UzDaily.com) -- Namangan region of Uzbekistan recorded 11.1% growth of gross regional product (GRP) in the first half of 2010.

Industrial output grew by 17.4% and agriculture production – 6.7%, capital investments – 6.6%, construction works – 19.6%, retail trade – 16.8% and paid services – 15.4%.

The volume of capital investments, utilized due to all resources, made up 297.3 billion soums, which was implemented by 6.6% surplus.

In the result of the carried out work on diversification of production and modernization of enterprises, the region exported goods and services for US$8.1 million, UzA reported.

The loans of commercial banks to real sector rose by 20% to 118.6 billion soums. The investments for 11.4 billion soums, directed by banks to rehabilitate production at enterprises, about 1,761 jobs were created.

In the reporting period, 1706 new small businesses were created in the region, while share of private sectorin GRP made up 68.1%.

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