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Finance 13/04/2010 Uzbekistan to attract investments for US$3bn in 2010
Uzbekistan to attract investments for US$3bn in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan is planning to attract foreign investments for over 3 billion soums in 2010. President of Uzbekistan Islam Karimov announced about this at his greeting message to the participants of the international scientific-practical conference “Effectiveness of anticrisis programmes and priorities of post-crisis development (in example of Uzbekistan)”.

The Uzbek leader Islam Karimov said Uzbekistan is planning to attract over US$3 billion to continue and start construction of new projects in 2010, which is up 30% year-on-year and foreign direct investments rose by 46%.

President said the country is paying special attention to attraction o internal resources along with attraction of foreign investments.

Total volume of loan resources, directed to real sector of economy in 2009, increased by 14 times compared to 2000. At the same time, share of credits for investment purposes made up 70% of total loan portfolio, the Uzbek President Islam Karimov underlined.

According to the Uzbekistan State Statistics Committee, total volume of used investments into fixed capital made up 12.531 trillion soums in January-December 2009, or 24.8% more year-on-year. About 32.4% of them were foreign investments and loans, and 5.2% - bank loans and other credit resources.

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