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Finance 05/08/2009 Uzbekistan utilizes investments for 6.026trln soums in 1H
Uzbekistan utilizes investments for 6.026trln soums in 1H
Tashkent, Uzbekistan (UzDaily.com) -- Total volume of utilized investments in fixed capital in Uzbekistan reached 6.026 trillion soums or grew by 32.7% year-on-year.

The Uzbek State Statistics Committee said about 4.284 trillion soums (71.1% of total investments) were used in production branches of the economy and 1.742 trillion soums (28.9%) - in non-production branches.

About 4.478 trillion soums of investments were directed to non-state enterprises and 1.548 trillion soums were invested to state enterprises in the reporting period. Forty-nine percent of total investments were resources of population and enterprises.

Some 58.7% of investments to non-state enterprises and 20.8% of investments to the state enterprises were resources of population and enterprises. Largest amount of the state budget (43.7%) were directed to the state enterprises in the reporting period.

Foreign investments and credits accounted 28.8% of total investments to fixed capital. Share of foreign investments and credits in the non-state enterprises was 36.2% and state enterprises - 7.1%.

Share of bank loans and other borrowed funds was 3.3% in January-June 2009. About 28.2% of bank loans and other borrowed funds was directed into the state enterprises and 4.5% to the non-state enterprises.

The committee said that transport and communication accounted 31.6% of investments to production industry and 14.3% to fuel and energy industry. About 13.4% of investments to non-production industry was directed to education and 9.3% to housing construction in the reporting period.

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