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Finance 23/11/2009 Uzbekistan to attract foreign investments for US$2.985bn in 2010
Uzbek President Islam Karimov
Tashkent, Uzbekistan (UzDaily.com) -- Uzbek President Islam Karimov approved investment programme of Uzbekistan for 2010. The programme envisages to utilize foreign investments for US$2.985 billion on 99 projects.

In line with the document, Uzbekistan will attract US$555.2 million of foreign credits under guarantees of the government (37 projects) and US$2.429 billion of foreign direct investments (62 projects).

Fuel-energy sector of Uzbekistan will use foreign investments for US$2.28 billion under 26 projects, of which US$2.045 billion (on 22 projects) are foreign direct investments.

In 2010, power sector of Uzbekistan plans to attract US$235.1 million under four projects with total cost of US$582 million.

Uzbekistan’s textile industry will use foreign direct investments for US$104.8 million on 12 projects. Communication industry will attract US$62.1 million on four projects, of which US$60.5 million fell to share of mobile operators.

Foreign investors will invest US$53.1 million to construction materials sector, US$150.4 million to transport infrastructure and US$71.3 million to social sphere in 2010.

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