Uzbekistan plans to allocate $43 billion for 300 projects in 2025

Next year, Uzbekistan plans to utilize investments worth $43 billion, as announced during a meeting reviewing investment performance in 2024 and tasks for 2025, attended by President Shavkat Mirziyoyev.

Report informs via Uzbej media that the president's press service said this will enable the implementation of over 300 major projects and launch the production of 662 new types of products capable of competing with imports.

During the meeting, Mirziyoyev emphasized the need for targeted work with foreign investors, expanding conditions for them, and quality implementation of all agreements reached. The goal is to double the annual export volume to $45 billion by 2030.

It was noted that in 2024, investment volume in the economy grew 1.3 times, exceeding $36 billion. Thanks to this, 560 large and medium-sized projects worth 70 trillion soms were commissioned since the beginning of the year. This also created a foundation for increasing exports by $1 billion next year.

In total, since 2017, $188 billion in investments from all sources has been attracted to Uzbekistan's economy, of which $87 billion were foreign investments. This helped increase the share of investments in GDP to more than 30%, becoming the basis for sustainable economic growth.