By 2030, the volume of cargo handling in Uzbekistan is expected to reach 2.1 billion tons, and investment in the sector will reach $1.9 billion.
In 2020, the total volume of cargo handling in Uzbekistan amounted to 1.3 billion tons. This is more by 4.6% compared to the same period last year. Also, the total volume of cargo transportation turnover reached 40.1 billion tons. This was announced by Deputy Minister of Transport Jasurbek Choriyev at a roundtable on March 2.
However, there are a number of problems in the transport sector of Uzbekistan. According to the official, this is due to the fact that cargo is detained at the border for a long time, different weight and size standards are in force, checkpoints are limited in working hours, and the quality of service on roads of international importance is low.
“Today, transport services account for 6.4% of Uzbekistan’s GDP. Transport also accounts for 7.4% of total investment and 29.5% of services. By 2030, the volume of cargo transportation in Uzbekistan is expected to reach 2.1 billion tons, and investments in the industry will reach $1.9 billion,” Choriyev said.
For information, the volume of public external debt of Uzbekistan as of January 1, 2021, amounted to $21.1 billion or 36.5% of GDP. Last year, 17.5% of the total public external debt, or $3.7 billion, was spent to support the state budget. In particular, $2.4 billion was directed to transportation and transportation infrastructure.
