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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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Foreign Investments & Loans Represent a Total of 22% of Investments in Fixed Capital
www.uzdaily.com of 8/11/2011 - According to the State Statistics Committee of Uzbekistan, foreign investments and loans made up 22% in total volume of investments into fixed capital in the reporting period, while resources of enterprises and population - 50.7%. Share of the state budget in total volume of used investments into fixed capital reached 6.1%, the Fund on Land-Reclamation - 0.3%, loans of banks and other credit resources - 12.8%, and resources of off-budget funds, including Fund of Reconstruction and Development, - 8.1%. The committee noted that state enterprises used investments for 1.702 trillion soums, while non-state enterprises - 6.552 trillion soums. About 28.1% of investments, used by the state enterprises, fell to share of the State Budget, 35.2% - own resources of enterprises and population, 19.1% - off-budget funds, and 14.9 % - foreign investments and loans. About 54.6% of investments, utilized by non-state sector, fell to share of own resources of enterprises and population and 23.9% - foreign investments and loans. Share of loans of banks and credit resources made up about 15.8%. Largest share of foreign investments and loans were directed to transport and communication (58.6%) and fuel-energy industries (25.1%).
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