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The results of the investment activities in the Republic of Uzbekistan for January - April 2020

Within the period from January till April this year, the foreign investments totally amounted to USD 2.5 billion, including foreign direct investment - USD 1.7 billion and foreign loans - USD 831 million.

At the same time, the growth of the same indicator in 2019 was 1.6 times. The share of assimilated direct investments within total investments amounted to 26%.

During the reporting period, 336 projects were commissioned: 8 large industrial enterprises and 328 locally significant industrial facilities.

The leaders in attracting investment to Uzbekistan's economy were Russia, China, Germany and South Korea. The total number of countries investing in the economy was 37.

According to the results of period reviewed, the following industries became the most attractive for investors: electrical industry (growth - 24 times compared to the same period in 2019), chemical industry (growth - 13 times), leather and footwear (growth - 2.5 times) industries. The oil and gas industry (growth - 2.3 times), as well as production of construction materials (growth - 1.6 times) also demonstrated good results.

Besides, there is a growth trend of foreign direct investment and credit flows to locally significant projects with a total value for the reporting period of USD 958 million, increased by 2.6 times compared to the same period in 2019. High growth dynamics by regions involve Jizzakh (13 times), Namangan (9.4 times) and Surkhandarya (4.2 times) regions.

According to the Investment Program approved by the Decree of the President of the Republic of Uzbekistan dated January 9, 2020 No. PP-4563, implementation of investments in fixed assets is expected to be UZS 233.2 trillion, including foreign direct investments - USD 7.1 billion, foreign investment, and loans under the state guarantee - USD 2.7 billion in 2020 through all financial sources.

In particular, 2020 provides the commissioning of more than 2 thousand social, infrastructural, and industrial facilities, including 206 large new production facilities, 240 regional production facilities, and 1.6 thousand social and infrastructural facilities.