Page 135 - Theoretical and Practical Interpretation of Investment Attractiveness
P. 135

regions and the state of the attractiveness of the investment environment, as well as the
         volume of capital investments per capita in the region.
              The distribution of investments (in fixed capital) directed to regions (provinces) was
         uneven (distributed) over the years. In 2000, if we pay attention to the value of investments
         directed to the regional economy and their share, the share of Tashkent city, Kashkadarya,
         Tashkent and Fergana regions was higher than the national average, while the share of all
         other regions was below the average.
              The lowest rate corresponds to Syrdarya region (2.3 percent). Thanks to the deepening
         of market relations and the  measures taken to modernize the  economy,  and the  adopted
         national programs, in 2020 the share of the city of Tashkent in the national indicator was 22.17
         percent, and a decrease was observed in the regions of Fergana and Kashkadarya (Table 3.4.1).
              By 2010 (compared to 2005), a decrease was shown in the Republic of Karakalpakstan,
         Andijan, Jizzakh, Kashkadarya, Surkhandarya, Tashkent regions and the city of Tashkent. In
         2016, the number of  regions above the  national average was  four. In the  analyzed years
         (during 2016), Syrdarya region occupied the last place according to this indicator.
              Composition of  investments  by sectors. Housing construction has a  high share
         (22.3% of the total investment volume) in the structure of investments by sectors. Mining
         (17.6%), manufacturing (14.0%), transportation and storage (10.5%), which includes crude
         oil and natural gas extraction (15.7%) the share of capitalized investments is also high.
              At  the same  time, the main share in the structure of capitalized investments in the
         manufacturing industry is the production of chemical products (15.2%), the production of
         textile products and clothing (14.9%), the production of other non-metallic mineral products
         (13.7%), food - corresponds to the spheres of production of food products, beverages and
         tobacco products (13.2%) and metallurgical industry (10.9%).
              The mining industry, which includes crude oil and natural gas extraction (45%), made
         up 45.4% of foreign investments. Also, foreign investors are investing in the manufacturing
         industry (12.9%), transportation and storage (12.9%), electricity, gas, steam supply and air
         conditioning  (12%), information  and communication  (7%) and  economic  activities.
         investments were made in a number of other areas.
         In 2016, the total cost is 5.2 billion. The implementation of 164 large investment projects
         worth USD has been completed. Among them, "Construction of two steam-gas turbines with
         a capacity of 450 MW at Tallimarjon IES", "Construction of a 150 MW energy unit for the
         use of coal powder at Angren IES", "Expansion of the cement plant in Jizzakh region" were
         implemented.
              Also,  organization of production of "T-250" light cars in joint-stock company "JM
         Uzbekistan", "Construction of a new melting furnace at a copper foundry", "Moylisoy mine
         construction", organization of a spinning plant at the foreign enterprise "Indorama Ko'kan
         textile" ( IV-stage)", establishment of a spinning enterprise in the limited liability company
         "Fanteks" in the Buloqboshi district of Andijan region", "production of sterile syringes in the
         joint enterprise "Guliston Med Technika" in the Sirdarya region" and other projects are among
         these.

                                          132
   130   131   132   133   134   135   136   137   138   139   140