Tashkent, Uzbekistan (UzDaily.com) -- Today, on 11 July, President Shavkat Mirziyoyev chaired a videoconference on additional measures to further expand investment attractiveness.

During the meeting, issues of attracting an additional US$3 billion in direct investment through new projects are discussed.

One of the biggest opportunities in this regard are the agreements reached during top-level visits abroad.

In particular, over the past two years, significant agreements have been reached at summit meetings with Saudi Arabia, France, Hungary, Singapore, Egypt, Germany, China, Italy, Qatar and other countries.

It was noted that there are positive developments in cooperation with Hungary, Pakistan, Thailand, the Czech Republic and Japan in terms of attracting investments. Last year, only US$40 million of investments were attracted from these countries, and this year this figure has increased to US$450 million.

It was pointed out that the activities of the ambassadors in Egypt, Iran, Spain, India and Belgium had not yet yielded results.

From now on, a new system of work with investors will be introduced within the framework of foreign agreements. The Ministry of Investment, Industry and Trade will create the position of "investment manager" who will accompany each new investor and will report directly to the minister. They will be in constant contact with foreign investors and resolve emerging issues.

All deputy ministers of investment and foreign affairs, together with "investment managers", were tasked with starting practical work on the basis of this system with 437 investors and attracting an additional US$3 billion in investments this year alone.

The President pointed to the discrepancy between investment projects developed by khokims and the potential and capabilities of the respective regions, districts and cities

The Ministry of Investment, Industry and Trade was instructed to develop new investment projects worth US$30 billion by the end of the year in all districts and cities, as well as industries.

To this end, project teams in all districts and cities, together with consulting companies, form new projects on the principle of "research - development - implementation." US$15 million will be allocated for these purposes.

Until the end of the year, a regional investment forum will be held in each region, at which the developed projects will be presented to foreign investors.