He said that measures should be adopted to ensure launch of 164 large investment projects with total cost of over US$5 billion in 2016.

He said that it is necessary to complete construction of high speed railway to Bukhara, two steam and gas turbines of 450 MW each at Talimarjan thermal power station, a power unit of 150 MW at the Angren thermal power station, three blocks of desulfurization with the capacity of 6 billion cubic meters of gas at the Mubarek Gas Processing Plant, a new smelter capacity with the capacity of 70,000 tonnes of copper at the Almalyk Mining and Metallurgy Combine, expand the capacity of the cement plant in Jizzakh region up to 1 million tonness of Portland cement, development of production of new models of cars Aveo (T-250) at GM Uzbekistan.

It is planned to build 13,000 houses with total area of over 1.8 million square meters in rural area in 2016 with construction of 900 km of water, gas and electricity networks, as well as 325 km of roads.

In 2016, in rural areas is planned to build 13 thousand houses with a total area of more than 1 million 800 thousand square meters, as well as to pave 900 kilometers of water networks, gas and electricity, 325 kilometers of access roads.

Overall, it is planned to direct investments to US$17,3 billion to development, modernization and structural reforms in 2016 with the growth rate of 9.3%, of which over US$4 billion will be foreign investments with the growth rate of 20.8%.