Uzbekistan has absorbed $900mn from investment projects involving Saudi Arabian capital in January–August 2025, the Ministry of Investments, Industry and Trade reported. The funds were directed toward joint projects across various sectors between January and August this year.
Currently, 27 enterprises with Saudi capital operate in Uzbekistan, while 56 joint projects worth a total of $27.2bn are being implemented. These projects span energy, infrastructure, and industrial sectors, reflecting growing Saudi participation in Uzbekistan’s economic modernization.
Tashkent recently hosted the 7th meeting of the Uzbekistan–Saudi Arabia Intergovernmental Commission and the 6th meeting of the Entrepreneurs’ Council. More than 70 representatives from government institutions and leading Saudi companies—including Acwa Power, Al Muhaidib Group, Vision Invest, Al Arkkan, Data Volt, Riyadh Cables, Saudi Tabreed, AlBawani Holding, Miahona—participated in the events.
As a result of the talks, the two sides signed 10 bilateral documents and project agreements in the fields of energy and renewables, tourism, transport and logistics, IT, infrastructure construction, housing and communal services, and water management.
Trade between Uzbekistan and Saudi Arabia has also shown steady growth. In 2024, bilateral trade reached $142.4mn, while in the first eight months of 2025 it amounted to $111.5mn.
Officials from both countries emphasized that the expanding partnership reflects mutual interest in long-term cooperation, particularly in green energy and infrastructure, as Uzbekistan continues to open its economy to global investors.
