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Economy 02/11/2010 Navoi region posts 5% GRP growth in nine months of 2010
Navoi region posts 5% GRP growth in nine months of 2010
Tashkent, Uzbekistan (UzDaily.com) -- The growth of gross regional product (GRP) of Navoi region made up 5% in nine months of 2010.

In the reporting period, the region’s commercial bank increased loan investments to real sector of economy by almost four times.

Currently, new production capacities with modern equipment were commissioned at the base of three bankrupt enterprises, which were handed over to balance of the bank. In the result, the industrial output grew by 2.4%.

The growth in light industry made up 30.1%, food industry – 14%, chemical industry – 2.9% and machinery – 66.1%.

The agriculture production of the region grew by 9.7%. The meat production rose by 6.3% and milk output – 7.4%.

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