• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12413.79
    • RUB154.86
    • EUR14468.27
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +27°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Money

    Uzbekistan's economic boom: 54,783 new enterprises ignite growth across sectors in 2023

    Uzbekistan's economic boom: 54,783 new enterprises ignite growth across sectors in 2023

    In the first seven months of 2023, Uzbekistan created 54,783 new enterprises, marking significant economic development in various sectors.

    Record number of new enterprises created in Uzbekistan
    photo: a total of 54,783 new businesses were established between January and July 2023
    source: Daryo

    Here's a breakdown:

    - Trade leads the way with 20,437 units.
    - Industry follows with 8,944 units.
    - Agriculture, forestry, and fisheries accounted for 6,135 units.
    - Accommodation and food services constituted 3,484 units.
    - The construction sector saw 2,966 units.
    - Transportation and storage had 2,578 units.
    - The information and communication industry reported 1,792 units.
    - Healthcare and social services reached 858 units.
    - Other types amounted to 7,589 units.

    In an interview with Bekhruzbek Ochilov of Alkes Research, this type of economic diversification was highlighted as being a key to Uzbekistan's financial success. A diversified economy is a major contributing factor to many countries' economic strength and sustainability. 

    Bekhruzbek Ochilov discusses diversification of Uzbekistan's economy
    Photo: Bekhruzbek Ochilov discusses economic diversification and development
    Source: Daryo

    Earlier this year, the President of Uzbekistan, Shavkat Mirziyoyev, assigned the preparation of a $30 bn package to boost foreign investment in the country.

    president Mirziyoyev address parliament to introduce economic reforms
    Photo: President Mirziyoyev talks at a press conference
    Source: Presidential Press Service

    The plan includes directing $12.1 bn towards 1500 projects, accelerating 272 major projects worth $11.5 bn, providing infrastructure for 89 regional projects, and attracting $3 bn for new projects.

    An individual "investment manager" will assist each foreign investor, and consulting firms have identified 2,000 promising projects in underdeveloped areas. The Ministry of Investments and Foreign Trade is tasked with formulating projects worth $30 bn by year's end, aiming to create 27,000 job opportunities and boost the economy.

    These figures exclude farms and dekhkan farms

    17.08.2023, 13:59   Comments (0)   1356
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan capital market reforms, IPO and privatization in focus: an exclusive interview with Bekhruzbek Ochilov

    15.08.2023, 12:07

    Bloomberg opens new gateway to Uzbekistan's financial markets with landmark UZCE agreement

    08.08.2023, 11:28

    Uzbekistan's top 10 most profitable state-owned firms revealed

    07.08.2023, 09:36

    Riding the growth wave: Uzbekistan beckons with promising investment climate

    06.08.2023, 10:13

    Uzbekistan's 2030 Strategy unveiled: major shake-up in capital markets, banking, and investments

    02.08.2023, 10:56

    Uzbekistan's inflation rate reaches record low after seven-year high

    01.08.2023, 15:55
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    Uzbekistan’s foreign trade turnover up 19.9% y/y in 7M25, totaling $44.4bn

    21 August, 15:33

    Uzbekistan’s president announces fresh business support measures at open dialogue with entrepreneurs

    21 August, 09:05

    “Uzbekistan is a country open to the world and discovering the world for itself,” says President Mirziyoyev

    18 August, 15:48

    Uzbekistan’s bank capital jumps 20% y/y to $9.9bn as assets, loans, and deposits expand

    11 August, 13:12
     
     
     

    Latest news

    Kazakhstan bestows Order of “Altyn Kyran” on Kyrgyz President Sadyr Japarov

    Kyrgyzstan | 23 August, 15:31

    Uzbekistan sees growth in women-led enterprises, reaching 43,860

    Uzbekistan | 23 August, 13:45

    Uzbekistan, Turkmenistan, and Azerbaijan adopt joint statement, sign new cooperation agreements

    Uzbekistan | 23 August, 10:30

    Uzbekistan, Turkmenistan, and Azerbaijan strengthen cooperation on corridors, energy, and culture

    Uzbekistan | 22 August, 17:00

    Kyrgyzstan challenges Western sanctions, President Japarov appeals to Trump and Starmer

    Kyrgyzstan | 22 August, 16:39

    Uzbekistan, Turkmenistan trade tops $700mn since January as Mirziyoyev meets Berdimuhamedow

    Uzbekistan | 22 August, 14:10

    Uzbekistan sees 4% inflation in January–July 2025

    Uzbekistan | 22 August, 13:13

    Uzbekistan’s gas output drops 3.4% y/y to 25.3bn cubic meters in 7M25

    Uzbekistan | 22 August, 12:03

    Uzbekistan advances judicial reforms with new proposals approved by President Mirziyoyev

    Uzbekistan | 22 August, 10:30
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.