«We are creating a new Council with participation of the most reliable investors», said Shavkat Mirziyoyev

Today, November 16, the first plenary session of the Foreign Investors Council chaired by President Shavkat Mirziyoyev was held at Kuksaroy residence.

In his speech at our conference attended by heads of leading global companies and financial institutions, the head of state thanked the President of the European Bank for Reconstruction and Development, Mrs. Odil Rino-Basso, for her support in organizing the meeting, which was of great socioeconomic importance.

Also "As a result of the reforms carried out for creation of favorable investment climate over the last 5 years the volume of foreign investments into our economy grew 10 times and amounted to about 40 billion dollars. We have set a goal to double the gross domestic product within the next 10 years. We have enough will and opportunity for that.

We hope to ramp up investment to 120 billion dollars over the next 5 years, including at least 70 billion dollars of foreign investment to achieve the high goals we have set.

We have already developed concrete projects and programs to channel this investment primarily into modernizing and transforming industries, and accelerating the development of the manufacturing, utilities, and transport infrastructure.

Along with this, on our agenda is the issue of attracting private investments into such traditionally state spheres as education and health care. We invite foreign investors to develop and jointly implement new mutually beneficial projects.

I can assure you that we will create all conditions for investors to feel free in New Uzbekistan and work with full confidence in the future. That is why we are creating a new Council with the participation of investors who are our closest and reliable friends.

I am confident that together we will be able to raise the long-term and mutually beneficial investment cooperation to a new level, "- said the head of state in his speech.