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Foreign investment in Uzbekistan increases by 20%

by Gulnoza Sobirova
April 22, 2025
in Economy
Reading Time: 2 mins read
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Foreign investment in Uzbekistan increases by 20%
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On April 21, President Shavkat Mirziyoyev was presented with the results of foreign investment inflows during the first quarter of the year and the main priorities for the coming period. According to the presidential press service, more than $8.7 billion in foreign investments were attracted in the first three months of 2025 — a 20% increase compared to the same period last year.

These investments are being directed toward projects in energy, metallurgy, chemical production, pharmaceuticals, transportation, agriculture, water management, public utilities, and social sectors. Special attention is being paid to generating added value and creating new jobs through these initiatives.

By the end of the first half of the year, more than $18 billion in foreign investment is expected to be utilized. In total, Uzbekistan aims to attract $42 billion in foreign capital in 2025. This will help launch 81 large-scale and over 8,000 medium and small-scale projects across various industries.

The president emphasized the need for a targeted approach to each project, involving all relevant ministries, regional authorities, and industry leaders to ensure timely resolution of any issues. He stressed the importance of working closely with each investor, especially given the current global economic uncertainties, in order to enhance the effectiveness of foreign investment.

Launching new projects quickly, diversifying and expanding industrial sectors, and creating high-income jobs were also highlighted as key objectives.

During the meeting, the rules for making changes to existing investment projects were reviewed. Regional governors are now prohibited from altering completed investment plans — such modifications must be considered only at the government level. Additionally, under the privatization program, stakes in 49 state-owned enterprises will be offered on international markets.

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