NEWS AND EVENTS
January 10, 2011
Uzbekistan to attract US$2.913bn of foreign investments in 2011
The Government of Uzbekistan is planning to attract foreign investments for US$2.913 billion within Investment programme for 2011.
Uzbek President Islam Karimov approved Investment programme for 2011 at the end of December 2010. The programme included 113 investment projects.
Uzbekistan intends to attract US$801.2 million on 42 projects due to foreign loans under guarantee of the Government and US$2.112 billion on 71 projects due to foreign direct investments.
Largest volume of foreign investments – US$1.925 billion – is planned to attract to fuel-energy sector, including US$1.845 billion due to foreign direct investments. In 2011, the foreign companies are planning to invest US$165.3 million to exploration works.
Uzbekistan plans to attract foreign direct investments for US$116.9 million to textile industry. Mobile operators plan to invest US$68 million to telecommunication industry. Transport sector plans to attract foreign investments for US$162.3 million.