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Finance 05/05/2015 Uzbekistan uses investments for US$2.7bn in 1Q
Uzbekistan uses investments for US$2.7bn in 1Q
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan used investments for US$2.7 billion in the first quarter of 2015, which grew by 8.7% year-on-year, the Ministry of Economy and State Statistics Committee of Uzbekistan said.

From total volume of used investments, over US$660 million or 24.3% from total foreign investments and loans, which rose by 12.1% in the reporting period. About SU$580 million of them were foreign direct investments with the growth rate of 10%.

The volume of used investments of the Fund for Reconstruction and Development to implementation of the large investment projects in strategic industries in economy increased by 5.6% to US$81.1 million.

About 36.3% of total investments were own resources of business entities (growth – 28.3%), the statement of the state bodies said.

Within the investment programme for 2015, Uzbekistan started to implement 53 investment projects for over US$4.8 billion in the first quarter of 2015. In the reporting period, about 434 new production capacities were launched within territorial programme of social-economic development of the regions. About 179 projects were realized in construction materials industry, 141 in food industry, 99 in textile industry, 56 – furniture and paper industry, 37 – chemical and petrochemical industry, etc.

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