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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.
Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum
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Uzbekistan to attract $3.5 bln FDI in 2015
Uzbekistan plans to attract foreign investments worth $3.534 billion for implementing 156 projects in 2015.
This was noted in a state investment program approved by Uzbek President Islam Karimov.
Some $965 million of the amount will be reserved for 76 projects. The fund is expected to come from foreign loans guaranteed by the government. The remaining $2.57 billion will come through direct foreign investment. They will be spent to press ahead 80 projects.
The largest volume of foreign investments -or 2.29 billion have been designated for exploitation in the energy sector, including $2.07 billion of direct investment from foreign companies for 15 projects.
In particular, in 2015, Russian Lukoil Company will invest $587.2 million within two PSAs with total amount of over $8 billion in Uzbekistan.
A consortium of Korean companies led by KOGAS will continue the construction of the Ustyurt gas-chemical complex with a total cost of $4.1 billion in the north-west of the country. Next year, $907 million of foreign investments are expected to be invested in the project.
China's CNPC will invest $800 million in the construction of the fourth line of the Uzbek section of the Central Asia - China gas pipeline with a total cost of $2.1 billion.
Next year,Uzbekistan also plans to invest $908.1 million from the State Fund for Reconstruction and Development in the implementation of 34 projects included in the state investment program.
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