President of Uzbekistan Islam Karimov approved an investment programme for 2015 with his resolution.

Uzbekistan plans to attract foreign loans for US$956 million within 76 projects under guarantee of the Government. Uzbekistan plans to attract foreign direct investments for US$2.57 billion within 80 projects.

According to the programme, the largest volume of foreign investments will be used in fuel-energy sector – US$2.29 billion within 35 projects. The volume of foreign direct investments of oil and gas companies will reach US$2.07 billion within 15 projects.

In particular, Russia’s LUKOIL will direct US$587.2 million in implementation of two product-sharing agreements in Uzbekistan in 2015 with total cost of US$8 billion.

Consortium of Korean companies led by KOGAS will complete construction of Ustyurt Gas Chemical Complex with total cost of US$4.1 billion. Within the project, it is planned that US$907 million investments will be directed to the project.

China’s CNPC will launch construction of the fourth line of the Uzbek part of the gas pipeline Central Asia – China with total cost of US$800 million.