Before moving to the main agenda of a recent government meeting, President Shavkat Mirziyoyev highlighted the outcomes of the fifth Tashkent International Investment Forum, which was held last week.
Reportedly, the forum yielded 177 agreements with foreign partners, totaling $43 billion in value.
"Every single agreement must translate into a real project, jobs, and high added value," the head of state emphasized.
In light of this, officials were instructed to formulate concrete solutions and submit formal draft resolutions regarding 120 proposals put forward by foreign investors.
The meeting also revealed that over the past five years, nearly half of all foreign investments drawn into the country went to just four regions. Furthermore, the economic return on these investments varies drastically from one region to another.
For instance, in Fergana province, every 1 million soums of investment adds 273,000 soums in value to the gross regional product, while in Samarkand region, this figure stands at 262,000 soums. In contrast, Bukhara region generates only 117,000 soums from the same amount—showing an investment efficiency that is twice as low as other areas.
Consequently, the president stressed that industry leaders and regional governors must adopt a new approach to investment attraction, focusing strictly on quality and efficiency.
To support this shift, 14 "think tanks," along with 37 sectoral research institutes and higher education institutions, have been assigned to 12 different industries.
Their responsibility will be to analyze the economic potential of each region, design high-value-added projects, introduce modern technologies, and develop targeted workforce training proposals.
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