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Finance 22/07/2013 Uzbekistan uses investments for 12.1 trln. soums in 1H
Uzbekistan uses investments for 12.1 trln. soums in 1H
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan used investments for 12.1 trillion soums in the first half of 2013, which rose by 10.5% year-on-year.

According to data of the Ministry of Economy and the State Statistics Committee of Uzbekistan, about 62.6% of investments were used to creation of production capacities.

The largest growth of used investments was achieved due to off-budget funds by 43.9%, population by 26.1% and loans of commercial banks by 10.1%.

About 25% of used investments fell to share of population, which shows high investment activity of population.

The official data said that the country increased attraction of foreign investment and loans by 13.2% to US$1.148 billion.

At the same time the foreign direct investments reached US4854.9 million in the first quarter, which made up 74.5% of total foreign investments and loans.

Within investment programme for 2013, Uzbekistan started to implement 141 new investment projects for US$6.8 billion.

Uzbekistan completed 28 large investment projects. In particular, Uzbekistan completed implementation of the project Construction of combined-cycle plant at Tashkent thermal power station, Construction of Samantepe and Southern Urtabulak fields with construction of booster station and gas pipeline Southern Urtabulak – MGPZ, Reconstruction of Ahangaran power station at Angren special industrial zone, Modernization of construction of new line on production of cement line on dry method at Bekabadcement, etc.

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