Uzbekistan's GDP to hit $100bn in five years
Uzbekistan's GDP to hit $100bn in five years
President Shavkat Mirziyoyev during his trip to Navoi region on August 27 said that the country’s economy would expand 1.5 times in the coming years.
- In the next five years, we plan to increase the growth rate of our economy by 1.5 times and bring the GDP to at least $100bn. Thousands of new industrial enterprises of medium and large size will be launched, and the demand for electricity will reach 100bn kilowatt-hours. This is 30bn kilowatt-hours more than it is now," said Mirziyoyev.
He added that in the next five years, 19 projects worth $6.5bn would be launched to create new capacities of 11,500 megawatts. By 2030, the share of renewable sources in electricity generation would exceed 30%. To supply electricity to the regions, 3,000 kilometers of new power transmission lines with a voltage of 500 and 220 kilovolts would be laid.
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