• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12965.34
    • RUB161.34
    • EUR14525.07
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +40°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World

    Uzbekistan’s pharmaceutical industry receives $600mn boost from state decree in 2024

    Uzbekistan’s pharmaceutical industry receives $600mn boost from state decree in 2024

    The head of state has signed a decree to allocate up to $600mn to finance projects in Uzbekistan’s pharmaceutical industry, Kursiv reports. This significant investment is expected to stimulate the growth and development of the industry, which has been identified as a key sector in the country’s economic strategy.

    Photo: Uzbekistan’s pharmaceutical industry receives $600mn boost from state decree in 2024
    Source: InVenture

    Asakabank secures $100mn loan

    In a move to attract foreign technologies and drug production, the Fund for Reconstruction and Development will provide Asakabank with a $100mn loan. This funding is expected to enhance the bank’s capacity to support the pharmaceutical industry and contribute to the overall growth of the sector.

    Additional $500mn loan by end of 2024

    By the end of 2024, Asakabank and the Ministry of Investment, Industry and Trade plan to attract an additional loan of $500mn. This substantial financial injection will further bolster the industry’s capacity to innovate and expand.

    Launch of 24 major projects

    Uzbekistan intends to launch 24 major projects in the fields of chemistry, electrical engineering, and pharmaceuticals, with a total investment of $12.7bn. These projects are expected to significantly enhance the country’s industrial capabilities and contribute to its economic growth.

    Growth of pharmaceutical enterprises

    Last year saw the commencement of operations for 57 pharmaceutical enterprises in the country. This growth in the number of active enterprises is a testament to the robustness of the industry and the effectiveness of the government’s investment strategy.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news

    15.01.2024, 14:53   Comments (0)   2224
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Berlin-Chemie explores investment opportunities in Uzbekistan's pharmaceutical sector 

    18.11.2023, 15:40

    2nd Pharma Uzbekistan and Central Asia Congress in Uzbekistan drives innovation in pharmaceutical sector 

    18.11.2023, 20:08

    Ex-pharmaceutical Agency Chief shifts blame to system, denies guilt in 'Dok-1 Max' trial for children's deaths

    21.11.2023, 11:26

    Muslims disrupt Quran burning event in Netherlands 

    15.01.2024, 13:19

    STF 2024 sets to bring creative enterprises together for tourism industry development

    15.01.2024, 12:00

     Central Bank of Uzbekistan issues license to Eurasian Bank from Kazakhstan

    15.01.2024, 11:25
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Funding cuts threaten health services for Afghan women and girls, UNFPA warns

    Afghanistan | 16 May, 15:00

    Giant reed shows promise in Uzbekistan’s Aral Sea seabed restoration efforts

    Uzbekistan | 16 May, 14:01

    Uzbekistan and Slovenia set sights on $500mn in bilateral trade growth

    Uzbekistan | 16 May, 12:35

    Uzbekistan’s passenger car sales grew by 20% in April

    Uzbekistan | 16 May, 11:30

    EBRD provides $25mn loan to boost entrepreneurs and MSMEs in Uzbekistan

    Uzbekistan | 16 May, 10:03

    Uzbekistan, Kazakhstan, Kyrgyzstan set joint summer plan for water and energy management

    Uzbekistan | 16 May, 09:00

    Uzbekistan set to break 170-year May heat record as Tashkent nears 41°C

    Uzbekistan | 15 May, 21:19

    Uzbekistan to open ‘Harvard School’ as president launches program for gifted students

    Uzbekistan | 15 May, 15:51
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.