Uzbekistan utilizes $9.7 billion of investment into fixed capital in 2010

Tashkent, Uzbekistan (UzDaily.com) -- Total volume of utilized investments in fixed capital in Uzbekistan made up $9.7 billion in January-December 2010, which is up 13.6% year-on-year, the State Statistics Committee of Uzbekistan said.

Total volume of utilized investments in fixed capital in national currency made up 15.409 trillion soums in 2010, the committee added.

About 11.028 trillion soums of investments (71.6% of their total volume) were used in production branches of the economy and 4.381 trillion soums (28.4%) – in non-production branches.

The committee said that foreign investment and credits made up 28.8% in total volume of utilized investments into fixed capital and resources of enterprises and population – 47.3%.

Share of the State Budget of Uzbekistan, including resources of the Fund on Land-Reclamation, in total volume of utilized investments comprised 7.8%, loans of banks and other credit resources – 9.1%, and resources of off-budget funds, including Fund of Reconstruction and Development, - 7%.

The committee noted that state enterprises used investments for 3.604 trillion soums, while non-state enterprises – 11.805 trillion soums.

About 32.7% of investments, used by the state enterprises, fell to share of the State Budget, 34% - own resources of enterprises and 19.2% - off-budget funds.

About 51.4% of investments, utilized by non-state sector, fell to share of own resources of enterprises and population and 33.8% - foreign investments and loans. Share of loans of banks and credit resources made up about 11.3%.

Largest share of foreign investments and loans were directed to transport and communication (66.4%) and fuel-energy industries (9.7%).

The use of foreign investments and credits in separate branches of economy in 2010 (in percent to total volume)