Over 3,000 investment projects worth $16.6 billion to be carried out in 2019

On Tuesday, under the chairmanship of President Shavkat Mirziyoyev, a selector meeting was held on the issues of accelerating the implementation of investment projects scheduled for the current year, the presidential press service said.

The meeting was attended by members of the government, the Chairman of the Jokargy Kenes of the Republic of Karakalpakstan, khokims of the regions and the city of Tashkent, heads of diplomatic missions of the country abroad.

The Investment Program for 2019 includes over 3,000 projects worth $16.6 billion. This is 16% more compared to 2018. In particular, within the framework of the project it is planned to commission 140 production facilities worth $3.2 billion.

Shavkat Mirziyoyev noted that the most important task of the government should become the unconditional implementation of projects involving foreign direct investment, providing comprehensive assistance to foreign investors. It was noted that it is necessary to stop the practice of postponing the development of the main part of investments in the last months of the year and bringing the development indicator in all sectors and regions to at least 35% in the first half of the year and 70% in the first 9 months.

Tasks in this sphere were analyzed in the context of complexes of the Cabinet of Ministers. Spheres and sectors in which the share of foreign investment has decreased compared to the last year were named. Instructions were given on attracting additional investments by the end of the year, especially in spheres and regions with high demand for foreign direct investment, ensuring control over the development of these resources.