Uzbekistan signs agreements for US$12.4bn within Investment Forum

First Deputy Prime Minister and Minister of Finance of Uzbekistan Rustam Azimov stated that some 104 agreements and memorandums for total sum of US$12.4 billion were signed with foreign companies and banks.

Rustam Azimov underlined that the liabilities of foreign partners make up US$4.72 billion.

Within the sectional and plenary sessions of the forum, representatives of Uzbekistan and foreign states inked 39 memorandums and agreements on realization of new investment projects for US$11.7 billion.

The projects will be realized in such sectors as fuel-energy sector, chemical industry, machinery, textile industry and infrastructure.

Within the forum, 59 agreements on attraction of foreign investments within the privatization programme for US$437 million were signed. Another six inter-banking agreements for about US$1 billion were also inked.