Under the state investment programme, 8.2 billion dollars of foreign investments have been consumed
Deputy Prime Minister of the Republic of Uzbekistan - Minister of Investment and Foreign Trade Jamshid Khodjaev chaired a meeting in the format of video conference to discuss the current state of investment and export activities and further measures to stimulate them.
The meeting was attended by heads of ministries, agencies, sectoral associations, commercial banks and local authorities of the Republic of Karakalpakstan, regions and city of Tashkent. The responsible officials submitted detailed reports on current progress in attraction of investments, implementation of investment projects and increasing the volume of exports in context of industries and regions.
First of all, the meeting considered the current performance of export activities. Indicators have increased by 129% over the same period last year, but a critical analysis by region and industry has revealed a number of shortcomings. In view of unsatisfactory work in terms of support for entrepreneurs and exporters in addressing their problems, the activities of relevant heads of local authorities of Karakalpakstan, Andijan, Bukhara, Jizzakh were subjected to constructive criticism, Kashkadarya, Navoi, Namangan, Samarkand, Sirdarya, Surkhandarya, Fergana and Khorezm regions, as well as "Uztekstilprom" and "Uzpromstroymaterialy" associations, the Horticulture and Greenhouse Industry Development Agency and the Agency for the Development of the Pharmaceutical Industry.
Similarly, the results achieved in investment activities have been touched upon. In January-October this year, within the framework of State Investment Program 91 large projects worth $3.2 billion were commissioned, 14.8 thousand new jobs were created.
The importance of monitoring the implementation of each investment project and avoiding delays in the development of investments was underscored. This task also includes timely implementation of territorial investment programmes. Thus, 3,466 projects worth $4.8 billion will be launched by the end of this year, and 127,900 new jobs will be created.
