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Uzbekistan Becomes Largest Investment Recipient in Eurasia

Uzbekistan becomes the largest recipient of investments in Eurasia
Uzbekistan has emerged as the leading state in the Eurasian region for receiving mutual investments. According to the Eurasian Development Bank, the volume of investments attracted to the country exceeded 10.7 billion US dollars, accounting for 22 percent of the region's total indicators.

Additionally, Uzbekistan is also actively investing abroad. Compared to the previous year, capital exports have doubled, reaching 396 million US dollars.

The majority of these funds are directed toward the processing industries in other states within the region. Overall, mutual investments among Eurasian nations have reached a record level of 48.4 billion US dollars.

Despite the global decrease in direct investment flows, this indicator continues to grow. The primary driving force behind this growth is private businesses, which account for 72 percent of all investments, or 34.7 billion US dollars.

The region is gradually moving away from dependency on raw material resources. While investments in the mining sector are declining, there is an increase in funds allocated to manufacturing, finance, and construction industries.

In the last year and a half, investments in the processing industry have increased by 1.5 billion US dollars. Central Asia stands out in particular, where regional investment volumes have reached 1.3 billion US dollars, marking a 42 percent increase compared to the previous year.

Approximately 80 percent of these funds are directed toward construction, industry, and finance sectors. Kazakhstan remains one of the main players in the region.

It is actively investing in neighboring countries, particularly in Uzbekistan. Over the past year and a half, Kazakhstan's investments in Uzbekistan have increased by 60 percent.

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