Investment indicators by industry and region, project implementation, and priorities by the end of the year were considered at a videoconference chaired by the President, dedicated to discussing measures to further expand investment attraction on July 11.
During 2023, it is planned to develop foreign direct investment in the amount of $10 million. In January-June, $5.6 million worth of FDI was attracted. In particular, meetings were held with more than 20 investors and businesspeople from Türkiye, Egypt, Italy, and China. Information was provided about the region's economic potential, social infrastructure, and logistics opportunities.
As a result of regular negotiations with the Embassy of Uzbekistan in China, this country is also launching several projects. The enterprise for producing polymer fibers with a total cost of $6 million is one of them. In addition, a joint China – Uzbekistan enterprise Shengli Steel LLC was put into operation in Bekabad Small Industrial Zone. Foreign investments of $5 million were invested in the iron waste recycling project, and 100 new jobs were created.
A.Musayev, UzA