The results of the investment activities in the Republic of Uzbekistan for the first half of 2020

From January to June this year, the total volume of foreign investments amounted to USD 4.8 billion, including foreign direct investment amounted to USD 3.2 billion and public guaranteed foreign credits amounted to USD 1.6 billion.

At the same time, the investments assimilated in the fixed assets amounted to USD 2.6 billion, while the rate of growth compared to the same index in 2019 amounted to 1.2 times. The share of assimilated direct investments within total investments amounted to 29.5%.

During the reporting period, 494 projects were commissioned: 28 major industrial enterprises and 466 locally significant industrial facilities.

The leaders in attracting investment to Uzbekistan's economy were Russia, China, Germany and Turkey. The total number of countries investing in the economy was 37.

According to the results of the period reviewed, the following industries became the most attractive for investors: electrical industry (growth - 13 times compared to the same period in 2019), production of construction materials (growth - 3.6 times), ICT (growth - 3.5 times). The food industry (growth - 1.5 times), chemical industry (growth - 1.3 times) and textile industry (growth - 1.6 times) also demonstrated positive dynamics.

There was the strengthening of the trends in attracting direct foreign investments and credits to the regional projects totaling in the reporting period USD 2 billion with an increase of 1.05 times compared to the same period in 2019, while sending USD 1.6 billion to the fixed assets. At the same time, the investment assimilated under the regional projects amounted to 62.3% of the total foreign direct investments.

The highest dynamics of direct foreign investment growth in the first half of 2020 in terms of regional make-up was in Namangan (1.6 times), Tashkent (1.6 times), Kashkadarya (1.5 times) and Syrdarya (1.4 times) regions.

In general, by the end of 2020, it is proposed to commission more than 2 thousand social, infrastructural, and industrial facilities, including 206 major new production facilities, 240 regional production facilities, and about 1.6 thousand of social and infrastructural facilities.