Investments in Karakalpakstan are growing

Uzbekistan

Over the past 7 years, 6,784 projects worth 17 trillion 800 billion soums have been implemented in the Republic of Karakalpakstan. As a result, 56 thousand jobs have been created. During this period, goods worth 2 billion 815 million dollars were exported. This year, 470 projects worth 874 million dollars are being implemented in the republic.

Investments in Karakalpakstan are growing
This process continues consistently - 124 projects worth 9.5 billion dollars have been formed in Karakalpakstan by foreign investors and local entrepreneurs. Of these, 10 projects worth about 1 billion 800 million dollars were presented today to the head of our state.

Companies from countries such as China, Saudi Arabia, Germany, Russia, Spain invest in the projects. They cover energy, heat supply, mining and chemical industries, production of building materials, services and other industries.

For example, in cooperation with Saudi Arabia, it is planned to improve the centralized heating system in the city of Nukus, build solar and wind power plants in the Karauzyak district with the participation of Spanish investments, and German investors will implement copper processing and cable production projects in the Nukus district.

As a result of the implementation of these 124 projects, more than 20 thousand people will be provided with jobs.

The head of state emphasized the importance of comprehensive support for entrepreneurs and acceleration of project implementation.

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