More than $8.7bn of foreign investments were absorbed in Uzbekistan in the first quarter of this year, marking an increase of nearly 20% compared to the same period last year.
The funds are being directed toward major projects in energy, metallurgy, chemical production, pharmaceuticals, transport, agriculture, water management, utilities, and the social sector. A key priority is to ensure these investments create added value and generate employment.
President Shavkat Mirziyoyev was recently briefed about the progress made in the investment sector and the strategic plans ahead. By the end of the first half of 2025, the volume of absorbed foreign investments is expected to exceed $18bn. The government aims to attract a total of $42bn in foreign investment by the end of 2025.
This investment surge is set to support the expansion of 81 large enterprises and around 8,000 medium and small businesses across the country.
During the meeting, officials were instructed to focus on each project individually, ensuring that ministries, regional administrations (khokimiyats), and industry leaders collaborate closely to address challenges and accelerate implementation.
Given ongoing global economic uncertainties, the president emphasized the importance of working closely with every investor to maximize the effectiveness of foreign capital.
Head of the state also underlined the need to launch new investment projects swiftly, diversify industrial sectors, and create sustainable, high-income jobs.
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