$43 bln
Foreign direct investment and loans attracted
New Uzbekistan -The Big Country with Big Opportunities
The greatest investment opportunities emerge where growth accelerates. Today, that place is New Uzbekistan. Discover why the best time to act is now.
BB
Credit Rating (Fitch, S&P)
60%
Population under 30 (out of 38.6 mln)
7.7%
GDP growth 2025
- $87.6 bln$87.6 bln
- Industrial production in 2025
- $64.3 bln$64.3 bln
- International reserves August 2026
- 20.6 mln20.6 mln
- Labor force 2025
- $81.2 bln$81.2 bln
- Foreign trade turnover 2025
- 4.8%4.8%
- Unemployment rate 2026 Q1
Uzum and DataVolt partner to boost Uzbekistan’s IT infrastructure
Uzum, Uzbekistan’s leading digital ecosystem, and DataVolt, a global leader in sustainable digital infrastructure, signed a memorandum of strategic partnership to expand the country’s IT capabilities and scale cloud services. The partnership strengthens Uzbekistan’s digital foundation and accelerates the rollout of cloud-based solutions. Uzum is actively building local IT infrastructure and, through this collaboration, will expand its service capacity. “The development of local digital infrastructure is key to accelerating the digitalization of Uzbekistan’s economy and strengthening the country’s position as a regional IT hub. What unites Uzum and DataVolt is not only a shared belief in the potential of Uzbekistan, but also the commitment to invest in the foundations required to realize this potential: people, hardware, and services,” said Djasur Djumaev, Founder and CEO of Uzum ecosystem. “Our partnership with Uzum represents a milestone in DataVolt’s journey to enable Uzbekistan’s digital transformation. By combining Uzum’s market leadership in digital services with DataVolt’s expertise in building sustainable digital infrastructure, we are laying the groundwork for world-class cloud and AI capabilities in the country. We are excited to partner with Uzum as we work to accelerate the growth of Uzbekistan's digital economy,” Anil Vijayachandran, Deputy Chief Development Officer, DataVolt. The companies will launch joint projects and initiatives to demonstrate how cloud technologies can enhance business and public sector efficiency. For reference : DataVolt is a developer, owner and operator of data centers, integrating dedicated high-availability renewable energy infrastructure solutions and green fuels, with a strong focus on innovation, sustainability, and scalability Headquartered in Saudi Arabia, with offices in the USA, Uzbekistan, India and the UAE, company is expanding across the Middle East, Africa, and Asia. Uzum integrates fintech, e-commerce, and banking services for individuals and SMEs in Uzbekistan. Its ecosystem includes a marketplace, express delivery, banking, BNPL services, a car marketplace, and an app for entrepreneurs. More than 17 million users in Uzbekistan rely on Uzum monthly.
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Investment opportunities of the Khorezm region were presented in the city of Khiva
On September 21, 2025, the Khorezm International Investment Forum brought together Uzbekistan’s government officials, foreign and local investors in the ancient city of Khiva. Acting Director of the Investment Promotion Agency, Mansurjon Rasulev, showcased Uzbekistan’s investment climate and highlighted opportunities available for foreign investors in the Khorezm region. As part of the forum, the Khokimiyat of Khorezm region and Allied Green Ammonia Pty Ltd signed an agreement to implement a carbon-free aviation fuel production project in the region.
Uzbekistan–China project cooperation meeting held in Tashkent
On 18 September 2025, Tashkent hosted the Uzbekistan–China project cooperation meeting, which brought together 50 participants, including representatives of 38 Chinese companies and 5 local enterprises with Chinese capital. During the event, Acting Director of the Investment Promotion Agency, Mansurjon Rasulev, delivered a presentation on Uzbekistan’s investment climate. Director highlighted successful joint projects with Chinese partners, showcased opportunities in the energy and IT sectors, and introduced the investment potential of Uzbekistan’s largest urban development initiative – New Tashkent City. The forum concluded with G2B meetings aimed at fostering joint projects in the energy and agriculture sectors.
The Investment Promotion Agency signs new cooperation agreements with international companies
The Investment Promotion Agency under the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan continues to expand international cooperation and strengthen investment ties. As part of this effort, the Agency signed four new cooperation documents with foreign companies – Scania Central Asia (Kazakhstan), Freedom Finance (Kazakhstan), Bart sp. z o.o. (Poland) and Metateks Oy (Finland). Cooperation Agreement with Scania Central Asia The Agency and the Kazakh subsidiary of Swedish industrial corporation Scania AB signed a cooperation agreement. The investor plans to implement a project to manufacture heavy trucks and tractor units in Uzbekistan. The parties also agreed to collaborate on project and technical documentation, attract qualified specialists, and organize meetings and negotiations with government agencies and private sector representatives to ensure the effective implementation of the project. Memorandum of Understanding with Freedom Finance The Agency and the Uzbek subsidiary of the international holding Freedom Holding Corp., which operates in over 23 countries, agreed to jointly promote Uzbekistan’s investment opportunities, participate in international forums and conferences, and exchange information on projects and potential partners. Cooperation Agreement with Bart sp. z o.o. The Agency also signed an agreement with the Polish company Bart sp. z o.o. to implement an investment project on freeze-drying fruits, berries, and vegetables in Uzbekistan. Under the agreement, the Agency will support the investor in establishing links with local agricultural producers and addressing certification, storage, and transportation issues related to raw materials. Cooperation Agreement with Metateks Oy The Finnish company plans to establish a production facility in Uzbekistan to manufacture eco-friendly packaging from phytomelioration plants using local raw materials. Under the agreement, the Agency will provide consulting support and help build connections with local suppliers. These agreements reflect the Agency’s commitment to strengthening international partnerships and fostering a modern investment environment in Uzbekistan, creating new opportunities for innovation, export growth, and high-skilled job creation. For reference: Scania AB is a leading global transport solutions manufacturer founded in 1891 in Södertälje, Sweden. It is part of TRATON Group (Volkswagen Group) and operates production facilities in China, South Africa, Kazakhstan, and Georgia. Freedom Finance is part of the international Freedom Holding Corp., present in 9 countries, including the USA, Germany, Kazakhstan and Russia. The holding employs over 6,800 people, serves more than 530,000 brokerage accounts, and has a market capitalization of around USD 5 billion. It has operated in Uzbekistan since 2018 and has branches in seven cities. In 2025, the world’s largest investment company, BlackRock, Inc., increased its stake in Freedom Holding Corp. to 0.85%, investing approximately 89 million USD. Bart sp. z o.o. is a Polish company founded in 1990, specializing in natural food additives and dried fruits and vegetables. It has over 30 years of experience, operates in the EU market, and actively develops cooperation with countries in Asia and North Africa. Metateks Oy is a Finnish biotechnology startup founded in 2024 that develops regenerative biomaterials from phytomelioration plants.
Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Saad Abu Haimed, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Saudi Arabia to Uzbekistan.
On 20 August, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Saad Abu Haimed, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Saudi Arabia to Uzbekistan . The parties discussed further expansion of trade, economic and investment cooperation . In 2025, bilateral trade reached USD 178 million (+24%) , while utilized Saudi investments amounted to USD 2.8 billion (+105%) . Uzbekistan is currently home to 433 enterprises with Saudi capital participation . Particular attention was paid to increasing and diversifying bilateral trade , organizing mutual business missions and exhibitions, as well as advancing joint projects in energy , digital technologies , transport , finance , healthcare and education . Following the meeting, it was proposed to hold the next meeting of the Intergovernmental Commission in Riyadh in Q4 2026 . The parties also discussed the organization of the Uzbekistan Pavilion at EXPO 2030 in Saudi Arabia .
This comprehensive investment guide, developed in cooperation with PwC, provides an in-depth analysis of Uzbekistan’s investment climate, recent economic reforms, and opportunities across key sectors. It covers macroeconomic indicators, tax and customs regimes, legal framework, and business setup procedures. Special focus is placed on strategic sectors such as agriculture, energy, oil & gas, ICT, textiles, chemicals, and pharmaceuticals. Ideal for foreign investors, public institutions, and researchers, the document features investment success stories and detailed information on incentives within Special Economic Zones (SEZs).
Prepared for the 5th anniversary of the Tashkent International Investment Forum (TIIF), Uzbekistan: Big Market. Bold Reforms. Real Opportunity. provides a comprehensive overview of the country’s evolving investment landscape, economic transformation, and growing role as a regional investment hub. The report examines key macroeconomic trends, foreign direct investment performance, sectoral opportunities, and regional investment potential, offering valuable insights for international investors, financial institutions, and business leaders. Drawing on official data, market analysis, and perspectives from global investors and corporate executives, the report highlights Uzbekistan’s progress in economic diversification, privatization, infrastructure development, digital transformation, and global integration. It also presents the findings of the EY Investor Perception Survey, reflecting increasing investor confidence in Uzbekistan’s reform agenda and long-term growth prospects.
Investment Guide
This comprehensive investment guide, developed in cooperation with PwC, provides an in-depth analysis of Uzbekistan’s investment climate, recent economic reforms, and opportunities across key sectors. It covers macroeconomic indicators, tax and customs regimes, legal framework, and business setup procedures. Special focus is placed on strategic sectors such as agriculture, energy, oil & gas, ICT, textiles, chemicals, and pharmaceuticals. Ideal for foreign investors, public institutions, and researchers, the document features investment success stories and detailed information on incentives within Special Economic Zones (SEZs).
Prepared for the 5th anniversary of the Tashkent International Investment Forum (TIIF), Uzbekistan: Big Market. Bold Reforms. Real Opportunity. provides a comprehensive overview of the country’s evolving investment landscape, economic transformation, and growing role as a regional investment hub. The report examines key macroeconomic trends, foreign direct investment performance, sectoral opportunities, and regional investment potential, offering valuable insights for international investors, financial institutions, and business leaders. Drawing on official data, market analysis, and perspectives from global investors and corporate executives, the report highlights Uzbekistan’s progress in economic diversification, privatization, infrastructure development, digital transformation, and global integration. It also presents the findings of the EY Investor Perception Survey, reflecting increasing investor confidence in Uzbekistan’s reform agenda and long-term growth prospects.
