Tashkent, Uzbekistan (UzDaily.com) -- In the period from January to June 2020, the total volume of utilized foreign investment made up US$4.8 billion, including foreign direct investment - US$3.2 billion and foreign loans under a state guarantee - US$1.6 billion.

At the same time, the volume of development of foreign direct investment in fixed assets reached US$2.6 billion with a growth rate of 1.2 times compared to the same indicator of 2019. The share of utilized direct foreign investments in the total volume of investments increased to 29.5%.

In the reporting period, 494 projects were commissioned: 28 large industrial enterprises and 466 industrial facilities of regional significance.

Russia, China, Germany and Turkey became the leaders in attracting investment to the economy of Uzbekistan, and the total number of countries investing in the country’s economy was 37.

According to the results of the period under review, the most attractive for investors were electrical engineering (growth - 13 times compared to the same period in 2019), production of building materials (growth - 3.6 times), ICT (growth 3.5 times). The food industry (growth by 1.5 times), the chemical industry (growth by 1.3 times) and the textile industry (growth by 1.6 times) also showed good growth dynamics.

At the same time, the upward trend in attracting foreign direct investment and loans to regional projects has strengthened, the total cost of which in the reporting period amounted to US$2 billion, an increase of 1.05 times compared to the same period of 2019, with a target of US$1.6 billion in fixed assets. At the same time, the volume of investment development within the framework of regional projects amounted to 62.3 percent of the total volume of utilized foreign direct investment.

The highest dynamics of growth of direct foreign investments in the first half of 2020 in the context of regions is observed in Namangan (1.6 times), Tashkent (1.6 times), Kashkadarya (1.5 times) and Syrdarya (1, 4 times) areas.

In general, by the end of 2020, it is planned to commission more than 2,000 social, infrastructural and industrial facilities: 206 new large production facilities, 240 production facilities of regional significance, as well as about 1,600 social and infrastructure facilities.