The conference was organized by Tashkent Financial Institute in cooperation with Central Bank, Ministry of Finance of Uzbekistan, Banking-Finance Academy and Tashkent State Economy University.

Senators, MPs, representatives of financial institutes, ministries and departments, teachers of economic universities of Uzbekistan participated at the conference.

At the conference, it was noted active invest policy is important condition and source of implementation of measures on modernization and update of the country. It was said that investment programme for 2013 envisages implementation of over 370 strategic projects.

About 75% of resources from US$13 billion, directed to implementation of the investment projects, are internal resources and other part is attracted foreign investments.

Raising role of the banking system in attraction of foreign investments, development of general approaches and proposals on improving legislative and normative bases of the banking activities in line with international norms and standards are the main source of the conference.

At the conference, the participants considered issues related to improving investment activities of the banks and ways of attracting foreign investments.

It was underlined that growing volume of investments into fixed capital is becoming key for sustainable development of Uzbekistan. In 2012, the volume of investments into fixed capital made up 22.9% to GDP. In 2012, Uzbekistan attracted investments for US$11.7 billion soums, which rose by 14% year-on-year.

At the same time, over 22% or over US$2.5 billion were foreign investments, of them 79% were foreign direct investments. About 74% of investments in 2012 were directed to construction of production capacities and modernization of plants. In 2012, 205 large investment projects with the used investments of US$1.6 billion were completed.