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Economy 03/11/2012 New 18,400 small businesses registered in Uzbekistan in 9m
New 18,400 small businesses registered in Uzbekistan in 9m
Tashkent, Uzbekistan (UzDaily.com) -- Some 18,400 new small businesses (without farms) were registered in Uzbekistan nine months of 2012. The joint statement of the Ministry of Economy and State Statistics Committee of Uzbekistan on social-economic development of Uzbekistan in nine months of 2012 said.

Largest number of small businesses was created in trade and catering (27.8% of total number) and industry (23.6%).

In the reporting period, 55 state assets for 19.4 billion soums were sold to small and private businesses. Some 17,600 state objects were leased to small businesses.

Small and private businesses received loans from commercial banks at the size of 4.2 trillion soums (1.3 times year-on-year). Microloans rose by 1.4 times to 857.2 billion soums.

The volume of public procurements from small businesses made up 229.1 billion soums in nine months of 2012, which is 92.9% of total volume of procurement. Over 7,000 small and private businesses participated in public procurement.

Small and private businesses exported products for over US$1.7 billion, the report of the government bodies said.

In the result, share of small businesses in GDP made up 51% (50.5% in nine months of 2011), in industry – 21.4% (20.7%), in investments – 35.2% (30.2%), in construction – 71.8% (70.4%), in exports – 15.5% (15.3%) and in employment – 75.5% (74.9%).

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