In the first quarter, the volume f utilized foreign investments exceeds US$588.6 million or 23.3% of total used capital investment. About 89% (US$525 million) from total foreign investments and loans were foreign direct investments, which rose 1.7 times year-on-year.
Measures, adopted in the end of 2013, on ensuring “zero backlog” on construction of social and engineering-communication infrastructure objects helped to increase utilization of investments due to budget resources by 24.8% and off-budget funds – 30.6%. Expenses of the state budget to economy grew by 37.9%.
At the same time, high investment activity of the population helped to increase use resources of population by 13% to 1.3 trillion soums.
In the reporting period, some 37 industrial projects worth US$416.2 million were completed, including within Uzbekyengilsanoat (13 projects), Uzavtosanoat (6 projects), Uzpharmsanoat (6), Uzstroymaterialli (4), Uzkimyosanoat (2) and Association of Enterprises of Food Industry, etc.
Within the implementation of territorial progamme of social-economic development of the regions, realization of 876 projects on expansion of production of industrial goods worth 660 billion soums was completed. About 510 new production capacities were commissioned.
Of the total number of completed projects, 188 projects were realized in the light and textile industry, 261 – food, 230 – construction materials, 74 - wood and furniture, 65 - chemical and petrochemical, 29 - mechanical engineering, 18 leather and footwear, 6 - electrical and 5 - pharmaceutical industry.
In the first three months of 2014, Uzbekistan started to realize 36 new large investment projects with total cost of US$3.3 billion. The investment activity helped to increase construction works by 15.5%.