TASHKENT, Uzbekistan, May 4. Uzbekistan has attracted $150 billion in foreign investment since 2016, President Shavkat Mirziyoyev said, Trend reports.
The figures were presented during Mirziyoyev’s address at the 59th Annual Meeting of the Asian Development Bank Board of Governors held in Samarkand on May 4.
According to the President, the country has been implementing wide-ranging reforms since 2016 aimed at liberalizing the economy, improving the investment climate, integrating into global value chains, and upgrading social and industrial infrastructure across regions.
He noted that over the past years, Uzbekistan has attracted $150 billion in foreign investment and launched thousands of modern enterprises.
During the same period, exports of goods and services tripled, while the size of the economy expanded from $50 billion to $147 billion.
Meanwhile, Uzbekistan and the Asian Development Bank (ADB) have agreed on a new $12.5 billion partnership programme running until 2030, focusing on key national and regional development priorities. Under the new framework, priority areas include support for the mortgage market, private sector growth, youth and women entrepreneurship, poverty reduction, reforms in inclusive education and human capital development, as well as the introduction of digital innovations.