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Business

Capital investment in Uzbekistan up 3.7% in 2001

Posted 03/11/2002 Tashkent. (Interfax)

Capital investment in Uzbekistan rose 3.7% to 1.194 trillion sum, or 24.5% of GDP, in 2001, the Ministry of Macroeconomics and Statistics reported . Foreign investment rose 7.6% to 349.7 billion sum, or 29.3% of total investment. Foreign investors channeled 17.3% of investment in the gas sector, 18.1% into light industry, 16.8% into engineering, 4.6% into the chemicals and petrochemicals sector, 3.8% into the food industry, 12.4% into transport, and 2.0% into communications. The official exchange rate for March 7 is 693.72 sum/$1

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