Foreign investments in Uzbek economy to increase by 40%

More than 80 investment projects should be implemented and over 30 objects worth a total of US$1.4 billion launched by the year end using the foreign investments, UzA reported.

Last year, investments in the Uzbek economy increased by 23% to US$4.3 billion. More than 70% of those investments were used for construction of industrial objects, including almost 50% for modernization of enterprises.

Over 300 large investment projects were completed last year, and more than 700 new enterprises were created with participation of foreign investors.