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NEWS AND EVENTS
December 9, 2009
Enterprises of Uzbekistan to increase investment volume in 2010
Industrial enterprises of Uzbekistan will increase the volume of investments for modernization of capacities due to own capital by 1.5 times year-on-year in 2010 to US$1.512 billion.

The Uzbek enterprises are planning to realize 192 projects on modernization and re-equipment of enterprises due to own resources with total cost of US$24.286 billion.

In particular, the enterprises will continue implementation of 101 projects with the cost of US$5.938 billion and begin realization of 91 projects for US$18.348 billion in 2010.

Uzbekneftegaz plans to attract US$391.4 million, Uzbekistan Temir Yollari US$271.5 million, Navoi Mining and Metallurgy Combine (NGMK) US$211.7 million, Almalyk Mining and Metallurgy Combine (AGMK) US$53.6 million, Uzbekenergo US$224.9 million and Uzavtoprom US$215.4 million.

According to forecasts, the volume of capital investments into Uzbekistan in 2010 will grow by 18% to 18.22 billion soums.



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