An expanded meeting of the Government Commission on Foreign Trade, Investments, Local Industry Development and Technical Regulation was held in the format of a videoconference under the leadership of Deputy Prime Minister of the Republic of Uzbekistan S.Umurzakov to discuss the introduction of a fundamentally new mechanism for the development, financing and implementation of investment projects in the regions of the country.
Uzbekistan plans to implement investment projects worth about US$52.15 billion in 2022-2024. This is stated in the draft presidential decree on the investment program of Uzbekistan for 2022-2024, published by the Ministry of Investment and Foreign trade.
As of September 1, the number of enterprises and organizations with foreign capital registered in Uzbekistan is 13.6 thousand, of which 13.1 thousand carry out their activities.
In January-June 2021, according to the State Committee on Statistics, the share of investments at the expense of the population amounted to 9.0% of the total investment in fixed assets in the Republic of Uzbekistan.
At the Ministry of Investment and Foreign Trade, a meeting was held with the leadership of a large Singaporean construction company Western International New Building Materials.
Investors are attracted to Uzbekistan for oil refining, oil production, and chemical industry.
Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov has met with the Chairman of the Board of the German company Mangold Consulting and Co-Chairman of EU – Uzbekistan Business Council Klaus Mangold.
A Memorandum of Cooperation has been between the Ministry of Investments and Foreign Trade (MIFT) of Uzbekistan and the Japan External Trade Organization (JETRO).
The Embassy of Uzbekistan organized negotiations between representatives of the khokimiyat of the Syrdarya region, and the free economic zone (FEZ) “Gulistan”, and the project director of the British company “Klinger UK” Oliver Beich.
ATECA Hotels will build five hotels in Uzbekistan by the end of 2022. Michel Noble, Executive Chairman of ATECA Holding, stated this.
