Uzbekistan's gross domestic product grew by 6.5% to reach $115 billion in 2024. This was announced at a government meeting on investment chaired by Shavkat Mirziyoyev.
Reportedly, foreign investments increased by 1.6 times in 2024 to $34.9 billion. 242 large and medium-sized projects worth $10 billion were launched, and exports reached $27 billion for the first time.
Last year, more than $100 million in investments were received in 50 districts (in 2023, there were 11 such districts).
Investments in each of Davlatabad, Yangi Namangan, Mirzo Ulugbek, Chilonzor, Shaykhantohur districts, the cities of Namangan and Samarkand stood at $300 million.
The plan in mining, oil and gas, chemistry, and agriculture was more than doubled, the statement added.
Shavkat Mirziyoyev however noted that in spite of the existing conditions, the investment plan in the textile industry was short of $17 million, investments in Uztransgaz and Uzmetkombinat decreased by 2 times, and in Uzsuvtaminot by 20%.
The chief of these organizations were strictly warned that if there were no improvements in the first quarter of this year, their performance would be re-evaluated.
The president pointed out that not even 100 million dollars of investment wre originated from France, Japan, Italy, Hungary, Malaysia, and Spain, which are major global economies.
