TASHKENT, Uzbekistan, April 28. Gross regional
product in Uzbekistan’s Fergana region has increased 1.7 times,
industrial output has grown 1.5 times, and the services sector has
tripled in recent years, Trend reports via the press service of the Uzbek
president.
The figures were announced by President Shavkat Mirziyoyev
during a meeting in the city of Fergana dedicated to the region’s
socio-economic development.
It was noted that unemployment in the region has fallen
significantly over the past four years, dropping from 9.2% to 4.6%,
while the poverty rate declined from 11.6% to 5.2%.
Meanwhile, previously, 70% of the region’s revenues were
generated by just 6-7 large enterprises in the petrochemical and
construction materials sectors. Over the reporting period, $8.2
billion in investments were utilized to commission 8,000 modern
production facilities. In addition, 100 trillion soums ( $8.28
billion) were allocated to support entrepreneurship, commercial
space expanded by 10 million square meters, and 13,500 small and
medium-sized enterprises were established, nearly doubling their
total number.
