TASHKENT, Uzbekistan, May 4. Uzbekistan has
attracted $150 billion in foreign investment since 2016, President
Shavkat Mirziyoyev said, Trend reports.
The figures were presented during Mirziyoyev’s address at the
59th Annual Meeting of the Asian Development Bank Board of
Governors held in Samarkand on May 4.
According to the President, the country has been implementing
wide-ranging reforms since 2016 aimed at liberalizing the economy,
improving the investment climate, integrating into global value
chains, and upgrading social and industrial infrastructure across
regions.
He noted that over the past years, Uzbekistan has attracted $150
billion in foreign investment and launched thousands of modern
enterprises.
During the same period, exports of goods and services tripled,
while the size of the economy expanded from $50 billion to $147
billion.
Meanwhile, Uzbekistan and the Asian Development Bank (ADB) have
agreed on a new $12.5 billion partnership programme running until
2030, focusing on key national and regional development priorities.
Under the new framework, priority areas include support for the
mortgage market, private sector growth, youth and women
entrepreneurship, poverty reduction, reforms in inclusive education
and human capital development, as well as the introduction of
digital innovations.
