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Report on plans for investment

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Report on plans for investment

On December 19, President Shavkat Mirziyoyev chaired a meeting on the results of work in investment in 2024 and the objectives for 2025.

Since 2017, $188 billion in investment has been attracted to the economy of Uzbekistan from all sources, of which $87 billion was foreign investment. This made it possible to increase the share of investment in GDP to more than 30 percent, which became the basis for sustainable economic growth.

In 2024, the volume of investment in the economy increased by 1.3 times, exceeding $36 billion. Thanks to this, 560 large and medium-sized projects have been commissioned since the beginning of the year, costing 70 trillion UZS. This also created a basis for increasing exports by $1 billion next year.

These results can be strengthened by exploiting emerging opportunities in various industries and regions.

At the meeting, the Minister of Investment, Industry and Trade presented plans for 2025.

Next year, it is planned to master investments of $43 billion. This will allow the implementation of more than 300 large projects and the launch of production of 662 new types of products capable of competing with imports.

The Head of state emphasized the need for targeted work with foreign investors, expanding conditions for them and ensuring the high-quality implementation of all agreements reached.

Currently, work is underway on 1,890 projects. Managers responsible for their acceleration have been identified.

Foreign trade issues were considered at the meeting.

In a challenging international environment, success in this area requires special efforts. Export and logistics chains are becoming more complex, and demand for finished products in key export markets is declining.

In such conditions, full mobilization of domestic resources is necessary to accelerate economic growth, as emphasized at the meeting. The goal by 2030 is to double the annual export volume, bringing it to $45 billion.

To do this, it is essential to launch investment projects on time, increase the production of goods and services with high added value, and expand export markets.

Responsible persons have been instructed to constantly monitor the implementation of the planned activities and ensure high-quality organization of work at places.