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NEWS AND EVENTS
May 24, 2013
REGIONS: NAMANGAN REGION
Uzbekistan Today launches a new project “22 Years of Independence. Life in Provinces”. This is going to be a series of reports to give a close-up of life of Uzbeks in all regions of the country. The project participants are directly involved in all the reformations on the further enhancement of well-being and prosperity of the republic. Let us offer our first report from Namangan region.

In 2012, the gross regional product growth rate in Namangan was 3,759.2 billion soums (Currency rates of CB from 24.05.2013 1$=2077.92soums) or 110% of that year earlier. Rural and urban areas, agriculture and industry are boosting in the region today, the living standards are growing as well.

The way from Tashkent to Namangan region ran through Qamchiq pass on the only highway of the country, connecting the entire territory of Uzbekistan with its most eastern region, the Farghona Valley. Tunnels were also punched through the rock of the Qurama Mountains in the Namangan region in 2000. They reduced the travel time from Tashkent to the valley and made the road safer. With the opening of the tunnels the road and transportation have become the main means of communication between the valley and regions of the country, while national carrier Uzbekistan Airways provides another opportunity to reach the destination. At present, it is planned to build a railroad through the Qamchiq pass to open the new opportunities for transportation of passengers and cargo.

Present Namangan region is 7,440 square kilometers of the north-western part of the Farghona Valley. This is one of the most densely populated regions in Uzbekistan. There are 330 inhabitants per one square kilometer there. The relief is plateau. The climate is characterized by hot dry summers and mild wet winters. Namangan, the regional center, is the second most populous city in Uzbekistan.

The administrative area is divided into Chortoq, Chust, Kosonsoy, Mingbuloq, Namangan, Norin, Pop, Turaqurghon, Uchqurghon, Uychi and Yangiqurghon districts. Namangan is called a city of flowers, probably because a festival of flowers has been held there for more than half a century. Ranking among the largest administrative and cultural center of the country Namangan has many glorious traditions. Local residents care for the protection of historical heritage and modern development of the region with reverence. Towns and villages, agriculture and industry, culture, science, education, healthcare, and international relations are developing in line with current trends.

There are Ahsikent and Munchoqtepa, the most ancient archaeological sites of Farghona Valley, on the territory of the Namangan region. The artifacts found during the excavations of ancient settlements are now carefully preserved in the Regional History Studies Museum and the Pap Archaeological Museum. There are 27 architectural monuments of the late nineteenth - early twentieth centuries. They include Mullah Kirghiz madrasah, which has recently been restored. Medical tourism is among the most boosting kinds of tourism there. People come from all over the country to improve health and relax in mineral water sources in the foothill and mountain areas of Chortoq, Shahand, Kosonsoy, Uchqurghon, Chotqol.

In 2009, President of the Republic of Uzbekistan Islam Karimov approved a program of measures on improvement and development of the social infrastructure in Namangan for 2009 - 2012. As a result, the city\'s appearance changed in line with modern urban standards. The city entrance and the central part of Namangan have been reconstructed and landscaped. The streets have been extended, many social amenities and buildings of economic infrastructure have been built on both sides of the streets, old buildings renovated and overhauled. The list of reformations includes trade structures, apartment buildings, hotels, markets, nurseries, colleges and universities, sports centers and hospitals. All three municipal parks were expanded and reconstructed. There is a zoo in the city now. As informed by Valijon Hakimov, director of Namangan Zoo, it is going to mark its fourth anniversary with the replenishment of gazelles, bears, spotted deer and a python from the Termiz Zoo. Alisher Navoi Namangan Regional Drama Theater got prettier after reconstruction as well.

Rural areas get improved as well. In 2012 alone, 19 residential areas were built in 11 districts to standard design projects providing 560 individual houses and objects of social infrastructure. Residents are actively involved in improvement of their villages. For example, residents of Kosonsoy district initiated reconstruction of the park. Farmers and entrepreneurs covered all the expenses, and the residents landscaped the park altogether. The idle park has turned into one of the most picturesque corners of the district. There is a pond with an island and a millennial plane tree, and with cafes around it. People ride paddle boats and boats in the shade of trees, and enjoy the amusement...

Geographical location and availability of human resources in the region create favorable conditions for development of agriculture and industrial production. Entrepreneurship is promoted by the developed market infrastructure. There are 15 banks, offices of the national depository, commodity exchange and stock exchange of private property, investment funds and insurance companies in the region.

In Namangan region, as elsewhere in the Farghona Valley, irrigated agriculture is prevailing. Local farmers mainly grow cotton and corn. The region carries out the programs on development of animal husbandry, poultry, fish farming and bee-keeping, as well as greenhouse farming. In 2012 alone, 158 projects worth 60.1 billion soums were implemented as a part of regional programs. Farms and small farms of the region manufactured products to a total of 1,835.4 billion soums, which is 107% from the previous year.

The industrial sector is dominated by textile, food, processing, metalworking, machine building and chemical industries, as well as manufacture of building materials. 129 projects were implemented under the Program of Industrial Development and Modernization of Namangan region for 2008-2012. 44.9 billion soums was spent and 103.1 million dollars of foreign investment was attracted to implementation of the projects. As a result, last year the region produced industrial goods valued at 1,289.3 billion soums and consumer goods to 819.2 billion soums, which amounted to 114.9% and 113.1% of the outcomes of 2011.

Development of the agricultural and industrial sectors of the economy in the region in 2009-2012 contributed to creation of 289,300 new jobs, of which more than 80% were established in rural areas. Most of the employed are qualified graduates of vocational colleges and higher educational institutions.

Foreign investors operate successfully along with domestic investors. There are 69 enterprises with foreign investment out of 30,234 business entities in the region, including Nestle O\'zbekiston, Samo Tekstil Servis, Verigrow Ipagi and others. Foreign trade is evolving. The region exports products to 81 countries and imports from 50 countries.

During the trip to Namangan region we visited farms, and social production facilities. Every single leader would share his development plans.

Agrarian sector

A Single Start The agricultural complex of Namangan region is represented by 15,033 farms and farming enterprises. The growing scope of their production has facilitated the development of storage and processing infrastructure

On early stages of development the farms mainly specialized in cotton and grain growing, and small economies were engaged in animal husbandry, vegetable growing, and gardening. Meanwhile, as time passed, the farmers gained their feet and got into not only cultivation of cotton and corn, but also the development of high-tech agriculture.

We visited farms in different districts of the region and heard the stories with similar beginning. All the interviewees began with cotton and grain growing, and over time their economies grew into diversified farms. Most of them increased areas of cultivation while the production of cotton and grain remains their major business. Today almost everybody is engaged in vegetable growing and gardening, 36 – with cattle breeding, 31 - poultry, 41 - fish farming, 36 - beekeeping, 22 - greenhouse farming.

Recently, the Abdurahmon-ota Umrzokov farm of Uychi district hosted a regional workshop on the development of diversified farming. The choice is reasonable: the farm is a successful example of such a development.

Therefore, we bring it to the forefront of our story of the farmers\' movement in the region. The team under the management of Husanboy Umrzakov, has a long experience in the development of horticulture and cultivation of lemons in greenhouses. In order to increase the yield of crops and gardens, the farmer started beekeeping. Today he keeps 50 bee colonies, and supplied the market with honey and bee products. By the way, the farmer is currently trying to grow oranges and tangerines in his greenhouses. Four years ago, he undertook fish farming: he built an artificial pond where he grows silver carps. Answering the question on what had motivated him to get engaged in this activity, he says: \"the demand bears the supply.\" Also farmer keeps sheep and cows.

We visited Tola farm in the same district. It is run by the skilled farmer Tolibjon Mo\'minov. He is currently developing a new business – livestock farming. The farm has always had a few cows, but today their number is increased to produce milk and meat not only for the needs of the farm workers, but also for the market. The management obtained a loan in Agrobank, signed a contract for the supply of twenty pedigree cows, and project on the launch of a dairy plant in the future. The farm also deals with sheep breeding. Besides, the farmer is planning to launch an industrial production of dietary meat. With this purpose he started breeding rabbits, geese and chicken a few years ago.

Today the production of eggs and chicken meat is the main activity of Ahmadkhon Khoji Kosoni farm in Kosonsoy district. Currently, the poultry farm keeps 100,000 chickens and produces 60,000 eggs a day.

The poultry farm is completely mechanized and is operated by a conveyor method. The farm’s manager Anvar Abdullaev is working on the construction of additional workshop for 50,000 birds.

Several years ago, the Ahmadkhon Khoji Kosoni farm joined the movement on the development of intensive gardening in the country.

Last year they brought seedlings of dwarf peaches, apples and pears from Serbia, and now they are getting prepared for the first yield.

The increase in agricultural production in the region has required the development of storage and processing infrastructure. Five warehouses equipped with fridges for 4,050 tons were built in the region last year, and another three warehouses are under an upgrade. Two meat processing, eight milk processing plants, and six vegetable and fruit canning plants undergo the upgrade too. By the way, the region’s food industry yields only to light industry in the volume of production with about 30% of the industrial output. Last year, the sector produced goods valued at 400 billion soums demonstrating high growth rates in the production of canned food, meat and meat products, sausages, milk and dairy products, bread, pastry, pasta, beverages, flour and flour products.

Computerized Green House

The Namangan region’s first computerized greenhouse with climate control and drip irrigation is to be launched in the near future. Its construction is under way in the Botirjon Isaev farm in Namangan region. Its launch will enable the year-round cultivation of vegetables.

However, it is disputable to state it is the first greenhouse of this class in the Namangan region. In fact, the Namangan-based Mehmash company was the first in the republic to establish the production of this kind of greenhouses. The plant is operating two pilot greenhouses with computerized climate control system, where the workers of the plant grow tomatoes for their own needs. It is noteworthy that farmers of Surkhondaryo and Tashkent regions managed to appreciate these greenhouses: they are the first customers of this product of Namangan manufacturer.

“We stake on advanced technologies almost from the very first days of work,” said Olim Isaev, the son and deputy head of the farm.

“Previously, we purchased tractors of Claas and New Holland brands with the assistance of Uzagrolizing, and then sprayers, cultivators, seeders, and other functional trailers from the farm’s funds. This is enough to not just process the fields in our economy, but to also provide appropriate services to neighbors. Now we are adopting new high-performance greenhouses that are expected to expand the range of our products. The greenhouses are built with an eye to the best international practices. Light, moisture, temperature, everything is adjusted automatically

Facts and figures In 2012, the region produced 231,300 tons of grain and 232,700 tons of cotton, accounting for 106.6% and 101.2% of estimated rates. The year was successful for other branches of agriculture too: the region produced 188,100 tons of potatoes, 526,900 tons of vegetables, 56,900 tons of melons, 158,000 tons of fruit, 87,400 tons of grapes , 93,200 tons of meat, 464,500 tons of milk, 170,400,000 eggs.

Industry Intricate Tasks of the Light Industry

The share of light industry accounts for about 37.9% of all products manufactured by enterprises of Namangan region last year. Meanwhile, the region\'s leading industry is challenged by scaled tasks on increasing the volume of production of import-substituting and export-oriented output.

Namangan region, just like other regions of the country, aims to boost sales of finished textile products. To achieve that, certain efforts are taken to increase the amount of processing of raw cotton, wool, and silk cocoons. This demonstrates the scale of measures on development of the production of yarn and fabrics. The work is empowered by various market mechanisms. For example, these days Norinteks, the oldest factory for cotton yarn manufacture, has released the first batch of products after the downtown. The company has recently been on the verge of bankruptcy and was idle for a year. However, after the merge with the Uzyengilsanoat Association, it gained its feet. Kosonsoy Tuqimachi Co. Ltd., which was engaged in the production of yarn of synthetic fiber of Navoiazot Company and down wool, was assisted by the National Bank to get out of the difficult economic situation, which acted as the construction lender. Today, the company manufactures the products in demand.

There are beginners among the enterprises as well. The Uzbek-Russian JV Tashbulok-Tex has been operating for just a few years.

Approximately 80% of cotton yarn it produces is exported. The company has recently been upgraded: it replaced its carding machine, and expanded its product range as a result of purchasing the equipment for the production of the double thread.

Almost at all spinning companies we were told about the plans on expanding the product range through the launch of manufacture of not just new types of yarn, but also fabrics. Kosonsoy Tuqimachi Company has already made the first steps in this direction. Just the other day the manufacture of carpet yarn was launched here. Besides, the company has established itself as a manufacturer of wool, wool blend and synthetic fabrics and articles of them. It manufactures woolen blankets and shirting. In the near future it is planning to start production of costume fabrics. Woven articles are widely in demand not only within the country but also abroad. For example, a terry cloth and towels of Barakas-tex JV of Kosonsoy district are completely exported. Meanwhile, the management of Barakas-tex Company plans to upgrade its manufacture. It is currently negotiating on purchasing of new equipment. Remarkably, five companies specializing in the manufacture of similar products successfully operate only in the neighborhood on the same street with the company. Domestic manufacturers of yarns and fabrics have much to do to expand the range of products. This follows from the study of raw materials of enterprises of sewing and footwear industries. For instance, Ois Koinot Co. Ltd. in Norin district, the largest producer of children\'s and teen jackets and coats manufactures them out of padding polyester made in Andijon, and imported chintz fabric. Officials of Gayrat Halol Baraka sewing factory of Uychi district which specializes in women’s dressmaking also said that the domestically manufactured fabric would significantly reduce the cost of production. Modern textile materials are in demand in the footwear industry as well. For example, Dambog Poyabzal Company of Namangan is actively using the domestically produced leather and suggest that the finishing requires highly durable synthetic fabrics, which so far has to be imported.

In general, the industry successfully faces the challenges. Talking with experts, we heard many times: \"We have recently launched the manufacture of,\" followed by the extensive list of products demanded by the market.

Diversity of Designs

Namangan is famous for its garment factories. This can be proved by the articles of Iftikhor Kiyim Sanoat Company, which has twice increased the production of men\'s suits over the last year.

The company started its operation in 2008, when it manufactured the first batch of costumes in the 20 square meters of production space. A year after the start the company\'s management decided on the expansion.

Last year the enterprise moved into a new two-story building equipped with the latest German and Japanese sewing and finishing equipment, which was purchased through the loan of $ 554,000 by Agrobank.

When asked about the number of designs produced by the enterprise, the production manager Anna Dobrykh could hardly voice the exact figure: \"Every customer requires an individual approach, each person has his taste and preferences.\" The list of major customers of Iftikhor Kiyim Sanoat Company includes the national company Uzbekistan Airways, banks, various businesses, commercial organizations. The company also exports its products.

Today, the company with 86 people on staff not just manufactures the suits similar to the world brands, but also provides jobs for young people. This year alone, about 60 students of Namangan Light Industry College undergo practical training with the subsequent employment there. As explained in the administration, the staff is needed for the development of production.

Facts and figures In 2012, light industry enterprises produces goods valued at 489, 2 billion soums, or 116% of the volume of the previous year. In particular, they produced 18,980 running meters of cotton fabrics, 14.2 million running meters of nonwovens, 100,000 thousand running meters of wool fabrics, 9,578 tons of twisted cotton yarn. Besides, the region produced 3.8 million pieces of knitted garments, ready clothing valued at 15,726,500 soums, 674,000 pairs of leather shoes, 21,000,000 pairs of rubber shoes.

Wide Range

Last year, 2,873 industrial enterprises in Namangan region produced goods worth 1,289,300 soums. This was achieved through the active participation of metalworking, machine building and building materials industries.

Namangan is the biggest industrial center of the region. It manufactures about half of the industrial output. Meanwhile, over the last few years the industry has been intensively developing in Namangan, Norin, Pop, Uychi, Chortoq, Chust and Yangikurghon districts.

Other sectors evolve along with the light industry. Machine-building and metal-working enterprises have been focusing on the development of new products over the recent years. Enterprises of the construction industry handle the manufacture of construction materials of last generation. Chemical industry is growing with the prevalence of rubber and plastic goods.

Two months ago, Namangan was recognized the Central Asia’s first producer of gas and high-pressure oxygen cylinders through the launch of the new plant MMS Company (Makhsus Metal Sanoat). The manufacture is operated by the cutting edge equipment. Each work piece is tested thus ensuring high quality of the finished product. “The products are delivered to dealers directly off the assembly line,” says Mukhtar Bahodirov, Head of Technical Control Department. Consumers express gratitude. There are many of them, because many enterprises need the cylinders. Besides, all the motorists who wish to transfer their car from petrol to gas are our potential consumers.”

There is another piece of news. The Farghona Valley has its first battery manufacturer. Products of Extra Prim Bat Ltd. in Uychi district is very popular among farms since previously they had to purchase the accumulators for tractors in Jizzakh or abroad. More than a half of Namangan accumulators are made of domestic components. Plastic body is by an Andijon manufacturer, the lead net is made of Tashkent raw materials.

Now Uzbekistan also has a manufacturer of conveyor belts and machine belts. It is a subsidiary Namangan Rezina established under Istiqlol 2000, known as a manufacturer of consumer goods of plastic. New products are in demand of almost all plants operated by carriers and conveyors.

“We obtained a loan of $ 717 thousand from the National Bank to establish the new plant and purchase the equipment needed. Today, we produce up to 100,000 running meters of conveyor belt of various width, and 650,000 belts a year,” says Akmal Ortykbaev, head of the workshop. “The products are never idle. Moreover, the establishment of our manufacture tackled the country’s pressing problem of disposal of used tires and tubes; they are the main raw materials for us.” We saw another example of zero waste at Mehmash Company. The plant produces welded pipes of various diameters and configurations.

The manufacture of these products leaves many scrap of sheet iron.

Previously the waste was delivered to the scrap metal, but now they launched the production of wire and nails. In turn, this empowered the manufacture of espailers that are in demand of the farmers engaged in viticulture and intensive gardening.

Hence, the production of import-substituting products continue growing...

Norin Is a Bike

In the years of independence Uzbekistan has turned into a manufacturer of cars and railway cars. A few months ago, Norin Mekhanika Plant Co. Ltd. launched a manufacture of bicycles.

Until today, Norin Mekhanika Plant was known as the largest manufacturer of stamped metal parts for cars of GM-Uzbekistan. The cutting edge equipment manufactures 74 items of accessories for domestic brands of cars including Matiz, Nexia, Spark, Damas and Cobalt. This year, the plant has embarked on expanding the range of products by launching five types of children\'s, teen and adult bicycles under the national brand Norin.

Ikbol Inomjonov, Deputy Director at Norin Mekhanika Plant shares the future plans:

“The first batch of bikes is almost sold out. These were the bikes we assembled from the components supplied by Korean partners. In the future, we will follow the path of localization of production. We have already imported equipment for the production of certain components, and we are currently building production facilities under it. In addition, we plan to launch the production of electric driven bicycles.

Meanwhile, we do our best to make our brand recognized in the market. When people in Uzbekistan pronounce the word Norin, they mean the river, our district or the national dish of dough and meat. Now we want to make the word Norin to be associated with our high-quality bikes.

There is a great demand for bicycles in the market. Villagers buy them as transportation means. The townspeople, especially those keeping a healthy lifestyle, choose the bicycle as a means for combining business with pleasure. We hope that soon our bikes will be as popular as domestic cars. We are going to win the authority first of all through the high quality.”

facts and figures

In 2012, enterprises of Namangan region manufactured ferrous metals valued at 2,760,800 soums, machinery and metal products at 130,100,000 soums, construction materials - at 42,500,000, products for printing industry at 5,289,400 soums.

Social sector Everything for a Happy Life In 2012, 1,002.3 thousand square meters of housing was constructed in the Namangan region, which made up 128.5% of the estimated amount. Besides, 147 km of water and 60 km of gas supply pipelines were laid. Social sector demonstrated tangible progress as well.

Development of economic sectors improves the living standards of the people. In 2012 alone 75,109 new jobs were created in the region, of which more than half fell to small business and entrepreneurship.

Another 28,555 jobs were created through the development of home-based work, and the rest part was a result of the upgrade and expansion of production at existing plants. Job provides people with not just regular income, but also with social support. We have witnessed how farmers and entrepreneurs care for their employees. In addition to salary, farmers provide their staff with food; create conditions for nutrition and rest at workplaces, add salaries with various bonuses.

Farmers and enterprises extensively contribute to the development of the social infrastructure of towns and villages in the region.

689 schools, 474 pre-school education institutions, three higher education institutions, 10 academic lyceums and 108 vocational colleges, music and art schools as well as children\'s creativity centers Barkamol Avlod currently operate in the region. Over the recent years big funds have been invested in overhaul and strengthening of logistical base of these institutions. Moreover, their staff purposefully works to fully meet the needs of businesses in the human resources. For instance, two years ago the Namangan Engineering and Economic Institute was transformed into Namangan Engineering Institute of Technology and is now focused on the textile, processing and printing industry. Certain vocational colleges changed their specialty.

“Three years ago, we had two consumer services colleges in our district. However, in order to fully meet the district’s needs in staff, our college was transformed,” says Anvar Masharipov, Director of the Kosonsoy Food Industry College. “Based on production workshops, we run a small business on baking bread and pastries. This supplies the college with products for the practical training. As a result, the population is provided with the products they need, and business organizations get qualified professionals.”

The region is living an eventful cultural life. There is an increase in the number of visitors in all 208 information and resource centers, 143 cultural centers, 39 theaters. Performances of newly reconstructed Alisher Navoi Regional Musical Drama Theater are actively attended.

“We got new equipment in addition to the reconstructed building. Now we have performances every day, children’s performances are always a full house,” says Akbarali Askarov, Director of the theater. “We are working on the repertoire. Our theater is the only one in the region. In order to advance the skills of our artists and generally improve the work of the theater, we develop cooperation with theaters in neighboring Andijon and Farghona regions. Very soon we expect the results of this activity in new co-productions.”

Much attention is paid to the development of healthy lifestyles by bringing people to sports. 746 gyms, 23 game and 344 football grounds have been built or reconstructed in the region in recent years. Up-to-date multipurpose sports complexes Pahlavon, Alpomish, Dinamo, Barkamol Avlod, Do’stlik, Yoshlik were built in the regional center, and Kurash was built in Turakurghon area. Today, they are the arenas both national and international competitions. New conditions contributed to the development of football, boxing, water sports, tennis, karate, kurash, gymnastics, cycling, weight lifting. New sports sections keep opening.”

“Our section has been operating for about a year,” says Nodirbek Kambarov, an aikido coach at Soghlom Avlod Sports Complex. “Our sport is gaining popularity. Nowadays I train both children and adults, there are even fifty-year men who come after work. There are very many of those willing to attend my classes. Right now I am training another trainer, I hope he will soon start working on his own.”

Healthcare is evolving as well. The region has a good basis for the development of modern high-performance and high-tech medicine. There are a total of 745 medical institutions. Many facilities undergo reconstruction and overhaul, as well as preparation for the delivery of the cutting edge high-tech equipment. For instance, during our trip to the region the equipment was delivered for the Regional Cardiology Center.

“Builders completed works on the territory of our center last year. We completely renovated the therapy building and built a heart surgery building, and thus merged the cardiology clinic with the heart surgery department of the regional multidisciplinary center. It is very convenient keeping in mind that we receive patients from the whole Farghona Valley,” noted Solijon Muminov, Director of the Regional Heart Center.

“By the present time we have been working on the old equipment. These days we have been supplied with new facilities. Now we have modern diagnostic devices, operating tables, adjustable beds and many other things that will allow us to raise the quality assistance to a drastically new level.”

It is noteworthy that the atmosphere of improvement and search for new solutions is felt in all social institutions of the region. For People’s Joy Tashabbus - 2013 contest the head of Tola farm of Uychi district Tolibjon Muminov was awarded a pass to Germany as an incentive prize. However, he postponed a guided tour by the end of the summer.

He can not leave his work right now: the harvest will predispose the fate of many people. Personal experience helped Tolibjon Muminov and his brothers, co-founders of Tola farm to realize that the work can provide many things.

They started with 31 hectares of land and eight workers. Now they process 100 hectares and employ 48 people. The decision on expansion of the farm was made by the state based on the results of its fruitful work. The Muminovs always reach good harvest of not only cotton and corn, but also fruits and vegetables. The farmer has recently taken up the development of animal husbandry.

“We will get a good yield, much milk, meat, hence, our economy will develop. We will promptly repay bank loans, and obtain the new ones for new projects. Ultimately, everyone will benefit,” says Tolibjon Muminov.

As the farmer builds his business he follows the principle of ‘if you earn five soums, three soums give to the workers, and two soums leave for yourself and for the development of the economy’. In addition to the salary the employees of the Tola farm receive a part of the crop and its production including grain, meat, milk, eggs, wheat, vegetables, fruit, and sunflower oil.

The farm provides supports institutions of social infrastructure of the region, for example assistance for school ¹38.

facts and figures In 2012, the State Budget allocated 728 billion soums for capital construction, and thus the development of social and economic infrastructure in the region, which amounted to 112.6% of the estimated rates. 26.6 billion soums of these funds was allocated from the state budget, 133 billion soums was invested by companies and organizations. 59.9 billion soums were the extra-budgetary funds, 32.8 billion soums - foreign investment, 160 billion soums was allocated by banks as loans, and 315.7 billion soums was allocated by individuals. (Source: “Uzbekistan today” newspaper)


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