Tashkent, Uzbekistan (UzDaily.com) —  On 19 December, President Shavkat Mirziyoyev held a meeting to review the results of investment activities in 2024 and set objectives for 2025.
Since 2017, Uzbekistan has attracted US$188 billion in investments, with US$87 billion of this being foreign investments. This has helped increase the share of investments in GDP to over 30%, creating a stable foundation for economic growth.
In 2024, the volume of attracted investments grew by 1.3 times, exceeding US$36 billion. Over the year, 560 large and medium-sized projects worth 70 trillion soums were implemented, laying the groundwork for a US$1 billion increase in exports next year.
The President noted that these results could be enhanced by tapping into new opportunities across various sectors and regions.
The Minister of Investments, Industry, and Trade presented plans for 2025, which involve attracting US$43 billion in investments. This will enable the implementation of over 300 large projects and the production of 662 new types of products capable of competing with imported alternatives.
Shavkat Mirziyoyev emphasized the importance of targeted work with foreign investors, creating favorable conditions for them, and ensuring the effective implementation of all agreements. Currently, there are 1,890 ongoing projects across the country, with responsible leaders assigned for their implementation.
Special attention was given to issues related to foreign trade. The President highlighted that, in the context of a complex international environment, marked by increasingly complicated export logistics and decreased demand for products in key markets, internal resources must be activated to accelerate economic growth.
Among the strategic goals set was the target to double export volumes by 2030, reaching US$45 billion. To achieve this, investment projects must be launched on time, the production of high-value-added products and services must be increased, and sales markets must be expanded.
The President instructed responsible individuals to constantly monitor the implementation of the plans and ensure the high-quality execution of tasks on the ground.