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Finance 03/03/2009 Uzbekistan attracts foreign investments for US$1.66bn in 2008
Uzbekistan attracts foreign investments for US$1.66bn in 2008
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan utilized foreign investments for US$1.66 billion in 2008, which is 29% more compared to 2007, the State Statistics Committee said.

Volume of foreign investments, attracted under the guarantee of the government of Uzbekistan, rose 1.6 times to US$456 million. Volume of foreign direct investments grew by 18.7% to US$1.204 billion.

Share of foreign investments in total volume of capital investments increased from 23.9% in 2007 to 25.8% in 2008.

According to statistics, the volume of investments to fixed capital due to all source of investments increased by 28.3% to US$6.422 billion in 2008.

Uzbekistan plans to attract US$1.864 billion on 86 projects in 2008, including US$481.75 million under the guarantee of the government (47 projects) and US$1.382 billion of foreign direct investments (39 projects). At the same time, total volume of capital investments due to all sources of investments will increase by 18% to US$7.365 billion.

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