Currency rates from 30/09/2024
$1 – 12715.42
UZS – -0.17%
€1 – 14190.41
UZS – -0.02%
₽1 – 137.00
UZS – -0.44%
Search
Finance 05/12/2012 Uzbekistan attracts US$908.8m within RIPs in 9m
Uzbekistan attracts US$908.8m within RIPs in 9m
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan attracted investments for US$902.8 million as of 1 October 2012 within 1,561 projects, included to the regional investment programmes (RIPs, taking into account additional projects), which grew by 50.5% compared with 2011.

The RIPs were developed in line with the presidential resolution and directed at increasing attraction of foreign investments into perspective industries of Uzbekistan.

Initially, the RIPs for 2012 included 1,184 projects with investment volume of US$1.163 billion (+38.3%).

Implementation of the regional investment programmes for 2012 will allow to increase goods production by 2.545 trillion soums and exports – by US$301.9 million, as well as create 25,100 new jobs.

As of 1 October 2012, within the RIPs (taking into account additional projects) investments for US$902.8 million were attracted on 1,561 projects. The forecast was implemented with 15.5% surplus, while the growth rate made up 50.5% compared to 2011.

Foreign direct invetsments and loans made up 346.1 million (+7.7% surplus to forecast and +24.2% growth compared to 2011) within 425 projects.

Foreign investments were attracted to such sectors as light industry (82 projects, US$75.4 million), services (73 projects, US$56.8 million), production of construction materials (43 projects, US$49 million, chemical industry (53 projects, US$36.2 million), food industry (27 projects, US$21.3 million), metal processing (7 projects, US$13 million), production of paper products (9 projects, US$11.7 million), production and processing of fruits and vegetables (17 projects, US$8.5 million), processing of leather and footwear production (22 projects, US$8.2 million), consumer goods production (15 projects, US$7.6 million), production of automobile spare parts (7 projects, US$7.5 million), construction (six projects, US$7,5 million), development of poultry (6 projects, US$7,3 million), production of electrotechnical products and equipment (9 projects, US$4.4 million), tourism (4 projects, US$3.6 million), pharmaceuticals (7 projects, US$2 million), timber processing and furniture production (5 projects, US$1.3 million) and other spheres of economy (33 projects, US$24.8 million).

Uzbekistan attracted investments from Great Britain for US$53.1 million (15.3% from total foreign direct investments and loans), China – US$44.1 million (12.8%), Russia – US$31.8 million (9.2%), Cyprus – US$31.4 million (9.1%), South Korea – US$16.7 million (4.8%), USA – US$15.9 million (4.6%), Turkey – US$14.8 million (4.3%), Switzerland – US$14.2 million (4.1%), Germany – US$11.6 million (3.4%), Iran – US$8,4 million (2.4%), Azerbaijan – US$6.3 million (1.8%) and other states – US$33.9 million (9.8%).

The volume of loans of international financial institutions made up US$55.5 million in the reporting period within the RIPs, which is 16% of total volume of attracted investments.

Stay up to date with the latest news
Subscribe to our telegram channel