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Uzbekistan plans to attract US$14 billion to invest in infrastructure
Seetao 2021-09-13 11:23
  • In the next five years, Uzbekistan will invest US$14 billion in land transportation services and infrastructure
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In order to accelerate the development of infrastructure construction, expand the scale of public infrastructure investment. Recently, the current Uzbek President Mirziyoyev mentioned in the next election platform that he plans to implement a new investment strategy and export promotion plan to further increase investment and expand export scale.

Regarding investment, a new domestic and foreign investment strategy will be implemented. It is planned to attract 120 billion US dollars of domestic and foreign investment in the next five years, of which foreign investment will exceed 70 billion US dollars. The public-private partnership model will be widely used to attract 14 billion US dollars of funds for transportation, roads and water conservancy. In the field of infrastructure construction, the Uzbekistan Development Bank will be established to provide financing support for industry and infrastructure in various prefectures.

Keywords: infrastructure construction, infrastructure construction, infrastructure engineering news

In order to seek rapid economic development, a more complete infrastructure is needed as a strong support. Regarding export to Zbekistan, the plan will implement the concept and plan of "New Uzbekistan-Product Power" from 2022, increase all-round support, and cultivate 200 companies. Leading export companies will make full use of the EU’s “Super GSP” treatment to expand exports to the EU, and strive to increase export trade volume by 1.7 times by 2026 to reach 30 billion U.S. dollars, and reduce the share of raw material exports from the current 46% to 23. %, the export share of manufactured goods increased by 2.5 times. Editor/Xu Shengpeng


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