President Shavkat Mirziyoyev criticised several regions and sectors for their poor performance at the meeting on foreign investment attraction. Investment performance remains low in 8 districts and cities, and the progress of the implementation of 17 projects with international financial institutions is slow. However, foreign investment committed to the country has reached $26 billion, which is 1.7 times more than last year, the press office of the President of Uzbekistan reported.
The President said foreign investment has allowed increasing Uzbekistan’s exports by $305 million. An additional $8.6 billion is expected to be attracted by the end of the year.
The President instructed that approaches to investment activities change fundamentally. According to Mirziyoyev, the regions will have to more actively attract financing, including by using opportunities of cooperation with international financial organisations.
The task for 2025 is to identify specific projects across industries and regions, including initiatives based on public-private partnerships. Particular attention will be paid to improving quality investing in industrial development, job creation and export growth.
