TASHKENT, Uzbekistan, December 26. Uzbekistan
has signed new investment agreements with foreign partners worth
$140 billion this year, said President Shavkat Mirziyoyev during
his address to the Oliy Majlis and the multinational people of
Uzbekistan, Trend
reports.
“Next year, we plan to attract $50 billion in foreign
investment,” the head of state said.
President Mirziyoyev noted that a favorable business
environment, demographic growth, and a strong focus on human
capital development make Uzbekistan one of the most attractive
destinations for investors.
“Every dollar of investment should primarily contribute to the
transfer of advanced technologies, the production of high
value-added goods for external markets, improved efficiency in the
use of energy, water, land, and other natural resources, as well as
the training of local workers to operate new technologies and the
growth of labor productivity,” he said.
The president articulated that strategic investors are currently
allocated land parcels at prevailing market valuations for project
execution, whereas in scenarios necessitating alterations in land
classification, remuneration for land conversion can be structured
in installments spanning a duration of up to 10 years.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel
