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Uzbekistan unveils investment projections for February 2025

GenevaTimes by GenevaTimes
February 6, 2025
in Europe
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Uzbekistan unveils investment projections for February 2025
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Uzbekistan unveils investment projections for February 2025

TASHKENT, Uzbekistan, February 6. In February,
Uzbekistan aims to attract $3 billion in foreign investments as
part of its ongoing efforts to stimulate economic growth, Trend reports.

This target was highlighted during a meeting led by President
Shavkat Mirziyoyev on employment strategies, investment goals, and
poverty reduction.

The president underscored that 2025 should be a pivotal year for
tackling employment issues and reducing poverty in the country.

As part of these plans, Uzbekistan intends to launch around 630
new projects, with a combined value of $3 billion. These efforts
are expected to create thousands of permanent jobs and foster
deeper economic cooperation. In addition, initiatives to increase
exports and support local entrepreneurs will be a key focus in the
coming months.




Meanwhile, the volume of investments in fixed capital in
Uzbekistan reached 493.7 trillion soums ($38.2 billion) in 2024.
The growth rate of investments was 127.6 percent in 2024, marking
the highest figure over the past five years.

In 2020, the volume of investments amounted to 210.2 trillion
soums ($16.2 billion), with a growth rate of 95.6 percent. In 2021,
these figures rose to 239.6 trillion soums ($18.5 billion), with a
growth rate of 102.9 percent. In 2022, the volume reached 266.2
trillion soums ($20.6 billion), and the growth rate stood at 100.2
percent. In 2023, the volume increased to 356.1 trillion soums
($27.5 billion), with a growth rate of 123.4 percent.

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