From January to June 2024, Uzbekistan's investments in fixed capital totaled 229.3 trillion soums ($18.2bn), as reported by the Statistics Agency.
Foreign investments and loans during this period amounted to $15.5bn. Of this total, $12.5bn was specifically allocated for the creation of new fixed assets, highlighting a focus on expanding and modernizing infrastructure.
China was the leading investor, contributing 22.4% of the total foreign investments. Russia followed with a 16.4% share, reflecting its interest in Uzbekistan's economic initiatives. Türkiye ranked third with a 7% share, indicating its involvement in various development projects in the country.
Saudi Arabia provided 5.6% of the total foreign investments. The United Arab Emirates (UAE) invested 4.7%, while Germany contributed 4.6%. Great Britain made up 3.9% of the investments, and Cyprus contributed 3.2%.
Earlier Daryo reported growth in trade turnover between Uzbekistan and China from 2022 to 2024. In 2024, the total trade turnover reached $5.9bn, reflecting an 11.3% increase from $5.3bn in 2023 and a 31.1% rise from $4.5bn in 2022.
In the first half of 2024, Germany’s trade volume with Uzbekistan reached $506.3mn, accounting for 1.6% of Uzbekistan’s total foreign trade. This figure includes exports totaling $37.8mn and imports amounting to $468.6mn.
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