NEWS : Uzbekistan plans to attract foreign investments for US$3.5bn in 2015.
[Uzdaily | December 24, 2014 ]
- Uzbekistan is planning to attract foreign investments at the volume of US$3.5 billion within 156 investment projects in 2015.
President of Uzbekistan Islam Karimov approved an investment programme for 2015 with his resolution.
Uzbekistan plans to attract foreign loans for US$956 million within 76 projects under guarantee of the Government. Uzbekistan plans to attract foreign direct investments for US$2.57 billion within 80 projects.
According to the programme, the largest volume of foreign investments will be used in fuel-energy sector – US$2.29 billion within 35 projects. The volume of foreign direct investments of oil and gas companies will reach US$2.07 billion within 15 projects.
In particular, Russia’s LUKOIL will direct US$587.2 million in implementation of two product-sharing agreements in Uzbekistan in 2015 with total cost of US$8 billion.
Consortium of Korean companies led by KOGAS will complete construction of Ustyurt Gas Chemical Complex with total cost of US$4.1 billion. Within the project, it is planned that US$907 million investments will be directed to the project.
China’s CNPC will launch construction of the fourth line of the Uzbek part of the gas pipeline Central Asia – China with total cost of US$800 million.
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UZDAILY.