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    Uzbekistan

    Uzbekistan's construction sector sees resilient growth with 4,204 new businesses in 10M2023

    Uzbekistan's construction sector sees resilient growth with 4,204 new businesses in 10M2023

    In 10M2023, Uzbekistan's construction industry demonstrated robust a steady growth as it witnessed the establishment of 4,204 new business entities, the Statistics Agency reports.

    Site plans and construction equipment.
    Source: National Statistics Agency of Uzbekistan

    Comparing the figures to the same period in recent years, the statistics reveal notable trends:

    • In 2019 — 7,815 business entities
    • In 2020 — 5,150 business entities
    • In 2021 —  5,542 business entities
    • In 2022 — 4,025 business entities
    • In 2023 — 4,204 business entities
    Construction site in Tashkent, Uzbekistan.
    Source: Daryo / Madina Nurman

    Recent years in Uzbekistan have witnessed a substantial increase in natural disasters within the country due to climate change. Between 2011 and 2022, there were 126 cases on average, with earthquakes constituting 46%, floods 27%, landslides 13.5%, strong winds 8.7%, floods 2.4%, natural fires 1.6%, and avalanches 0.8%.

    The republic faces a seismic risk, with earthquakes above 7 intensity on the CEC-64 scale. Around 3,000 earthquakes of varying intensity are recorded annually by seismological services in Central Asian countries. Approximately 70% of Uzbekistan's population resides in seismic zones, and 70% of housing lacks seismic stability. Thus, the Cabinet of Ministers approved a plan for addressing these issues starting in 2023 and ending in 2030.

     

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    12.12.2023, 00:02   Comments (0)   2575
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