Uzbekistan secured $23.6 billion in foreign investments over nine months

Over the past seven years, Uzbekistan has attracted more than $78 billion in foreign investments, leading to the launch of over 1,000 projects and the production of 1,800 new types of goods. These efforts have contributed to the country's economic diversification and modernization.

At the meeting, it was highlighted that 366 large-scale projects worth $140 billion are currently being implemented. Each year, approximately $15 billion is spent on importing equipment, raw materials, and construction supplies for these projects. President Mirziyoyev emphasized the importance of increasing the share of locally produced goods in these initiatives to further boost domestic industry and reduce dependency on imports.

In the energy sector, Uzbekistan plans to construct 164 facilities by 2030, with an investment of $36 billion. Of these, 88 projects will be developed through public-private partnerships. Additionally, the mining industry is set to benefit from a $1.2 billion program aimed at expanding its capacity and output.

The president also stressed the need for Uzbekistan to produce more competitive products and increase exports. Recently, investment projects totaling $30 billion were approved, which include programs in transportation, social infrastructure, and utilities.