A critical analysis of the results in the investment sector has been conducted.
On November 27, President Shavkat Mirziyoyev held a meeting to discuss the current state of foreign investment attraction and plans for the upcoming year.
In the past 10 months, over 26 billion dollars in foreign investments have been attracted to our country, which is 1.7 times higher than last year's figure. Of this amount, approximately 24 billion dollars consist of direct investments.
These funds have enabled the launch of 6,300 new enterprises, created added value amounting to 30 trillion sums, and increased exports by 305 million dollars. Importantly, these investments have created 163,000 high-paying jobs.
By the end of the year, an additional 8.6 billion dollars in investments is expected to be attracted.
The meeting, conducted in a critical spirit, thoroughly analyzed the results of investment attraction and project implementation across regions and sectors.
In eight districts and cities, investment indicators remain low, and some sectors are experiencing a decline compared to last year. The implementation of several projects carried out in collaboration with international financial institutions is progressing slowly. In particular, documentation development and tendering for 17 projects are being delayed.
Responsible officials presented information on projected results by the end of the year and plans for 2025.
The President emphasized the need to enhance the investment activity of regions and radically change approaches to work in this area. For example, the European Bank for Reconstruction and Development, considering the positive changes in the country's business environment and economic growth rates, expressed readiness to finance projects involving the private sector.
It was stressed that regions must effectively use such opportunities and independently attract financial resources. It is also necessary not only to increase volumes but also to improve the quality of investments. Every dollar attracted should contribute to industrial development, the creation of new jobs, and the growth of export potential.
The meeting tasked officials with reviewing the volumes and directions of attracting funds from international financial institutions and foreign government financial organizations. The goal is to identify specific projects for 2025, including those based on public-private partnerships and involving private investments, across sectors and regions.