Technologies03/12/2007UzACI discusses implementation of investment programme
The agency said the country attracted US$633 million only in 2002-2007. At the same time, Uzbekistan directed 132.9 billion soums to the sector from own funds.
The presidential decree from 9 October 2006 approved investment programme to in telecommunication and information sector in 2007, which envisages to attract 167.7 billion soums to information and communication technologies.
The programme stipulates to direct US$500 million soums to the sector from state budget, US$5 million (or 6.4 billion soums) of foreign credits under the guarantee of the government and US$125.36 million (or 160.8 billion soums) of foreign direct investments.
As of 20 November 2007, the investments and credits for 181.2 billion soums or 23.8% up compared to 2006, the agency said.