Tashkent, Uzbekistan (UzDaily.com) – Uzbekistan plans to implement 7,656 projects within the framework of regional investment programs (RIP) totaling US$11.6 billion in 2024, a statement of the Ministry of Investment, Industry and Trade of Uzbekistan said.

In 2023, about 31.3% (4,419 projects) of all implemented projects were in industry, 52.7% (7,437 projects) in the service sector, and 16% (2,264 projects) in agriculture.

In 2024, the emphasis is set slightly differently: production will increase to 36.6% (2,807 projects) due to a slight reduction in the share of agriculture - 12.3% (945 projects) and services - 50.1% (3,904 projects).

Samarkand (US$1.4 billion), Kashkadarya (US$1.23 billion) and Namangan regions (US$976 million) are leading in terms of project value in 2024, as in 2023.

The textile industry (637 projects), construction materials (616 projects) and food products (516 projects) will continue to be the leading industries. Closes the wine, alcohol and tobacco industries (4 projects)

In January 2024, 466 projects have already been launched. Kashkadarya (67 projects or 10.7% of the list of regional projects), Jizzakh (20.9% or 65 projects) and Surkhandarya regions (10% or 45 projects) took first place in this dynamic start.

Some regions, such as Namangan (5 projects in January), Navoi (12) and Bukhara regions (17) should strengthen efforts to implement RIP projects.

The implementation of these projects will increase production volumes, exports of products and provide more than 220 thousand jobs in all regions of the country.