China is the leader with $2.2 billion, Russia is slightly less – $2.1 billion, Spot reports citing Alexey Sim, Deputy Head of the Agency for Strategic Development, who provided investment statistics for 2021.
At the end of last year, Uzbekistan attracted $11.1 billion of foreign investments, which is 113% of the annual forecast. Investments in fixed assets amounted to $9.8 billion, demonstrating a growth rate of 110% compared to 2020.
Foreign direct investment and loans were disbursed for $9 billion, which is 117% of the forecast. Here, investments in fixed assets reached $8.2 billion at a rate of 124% compared to 2020.
International financial institutions and foreign government financial organizations have allocated $2.1 billion to the country, which means that the annual forecast is 100% fulfilled.
Industry companies through foreign direct investment and loans were able to master $ 3.8 billion (103% of the forecast). For regional projects, this figure reached $5.2 billion, or 130% of the forecast.
The sectors leading in terms of investment are energy, metallurgy, chemical industry, electrical engineering, IT, construction, pharmaceuticals, light industry, agriculture, etc.
In total, more than 50 countries invest in the economy of Uzbekistan. The top five investor countries are as follows:
- China – $2.2 billion;
- Russia – $2.1 billion;
- Turkey – $1.18 billion;
- Germany – $800.7 million;
- South Korea – $137.4 million.