A report has been made regarding investment plans.
On December 19, President Shavkat Mirziyoyev held a meeting to review the outcomes of investment activities in 2024 and to set tasks for 2025.
012Since 2017, Uzbekistan has attracted $188 billion in investments from all sources, with $87 billion coming from foreign investments. This has increased the share of investments in GDP to over 30 percent, laying the groundwork for sustainable economic growth.
In 2024, the volume of investments in the economy grew by 1.3 times, exceeding $36 billion. As a result, 560 large and medium-sized projects have been put into operation this year, with a total value of 70 trillion soums. This has also established a foundation for boosting exports by $1 billion next year.
These results can be enhanced by leveraging emerging opportunities across various sectors and regions.
During the meeting, the Minister of Investments, Industry, and Trade presented plans for 2025.
Next year, it is planned to allocate $43 billion for investments. This will allow the implementation of over 300 large projects and the launch of production of 662 new types of products that can compete with imports.
The head of state emphasized the need for targeted engagement with foreign investors, expanding conditions for them, and ensuring the effective implementation of all agreements reached.
Currently, work is underway on 1,890 projects. Leaders responsible for accelerating these projects have been appointed.
The meeting also focused on issues related to foreign trade.
In the context of a challenging international environment, success in this area requires special efforts. Export logistics chains are becoming more complex, and demand for finished products in key export markets is declining.
In such circumstances, a complete mobilization of internal resources is necessary to accelerate economic growth, as emphasized in the meeting. The goal for 2030 is to double the annual export volume, reaching $45 billion.
To achieve this, it is important to timely launch investment projects, increase production of high-value-added products and services, and expand export markets.
Responsible individuals have been tasked with continuously monitoring the implementation of the planned objectives and ensuring quality organization of work on the ground.