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Economy 30/04/2012 Economy of Jizzakh region grows by 12.1% in 1Q 2012
Economy of Jizzakh region grows by 12.1% in 1Q 2012
Tashkent, Uzbekistan (UzDaily.com) -- The gross regional product (GRP) of Jizzakh region of Uzbekistan grew by 12.1% in the first quarter of 2012, the session of the local council said.

The industrial output of the region rose by 17.5%, agriculture output – 6.3%, capital investments – 16.5%, construction works – 30,7%, services – 15.5%, paid services – 16.3% and retail trade turnover – 11.6%.

On all sources of financing, the region used capital investments for 110.9 billion soums, which rose by 16.5% year-on-year.

The real sector of economy attracted about US$5.9 million of foreign investments, of which US$860,000 or 14.4% were foreign direct investments.

In the reporting period, some 23 projects were realized to increase industrial potential, which helped to use investments for 2.3 billion soums. Adopted measures helped to produce industrial goods for 182.7 billion soums, which increased by 17.5% year-on-year.

In January-March 2012, some 118,000 square meters of habitation, 44.1 km of water pipelines and 20.5 km of gas pipelines were commissioned.

The region created 10,400 new jobs in the reporting period, which allowed to cut unemployment rate significantly.

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