TASHKENT, Uzbekistan, April 14. Uzbekistan’s
construction sector has expanded nearly tenfold over the past nine
years, with construction output rising from 30 trillion soums ($2.5
billion) in 2016 to 314 trillion soums ($25.8 billion) last year
and around 10,000 new construction enterprises launched during the
period, Trend reports
via the press-service of the Uzbek president's office.
The figures were announced during a videoconference meeting on
housing construction and urbanization chaired by President of
Uzbekistan Shavkat Mirziyoyev.
According to the data, 20 large construction companies with
turnover exceeding 1 trillion soums ($82 million) emerged during
the period, alongside 365 companies with turnover above 100 billion
soums ($8.2 million). The number of design organizations exceeded
2,000, with more than 650 obtaining international
certification.
Reforms also accelerated project implementation, with procedures
for obtaining construction permits reduced threefold and approval
timelines shortened fourfold. As a result, about 210 million square
meters of buildings and structures were constructed, including more
than 15,000 apartment buildings with 647,000 housing units.
Meanwhile, currently, around 3.5 million people are employed in
construction, building materials production, and related sectors,
underscoring the sector’s growing role in Uzbekistan’s economic
development
