$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
- Industrial production in 2025
- $64.3 bln
- International reserves August 2026
- 20.3 mln
- Labor force 2025 Q3
- $81.2 bln
- Foreign trade turnover 2025
- 4.8%
- Unemployment rate 2026 Q1
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 .
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Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Head of the Republic of Mordovia Artyom Zdunov.
On 20 August, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Head of the Republic of Mordovia Artyom Zdunov . The parties reviewed prospects for expanding trade and economic ties , industrial cooperation , and direct interaction between the regions . Particular attention was paid to developing joint projects in pharmaceuticals , electrical engineering , metallurgy , agriculture , woodworking , and IT . The parties discussed opportunities to establish new production facilities at industrial parks i n the Bukhara , Navoi , and Jizzakh regions, as well as to expand direct contacts between enterprises . An agreement was reached to intensify work on specific cooperation and investment initiatives and to continue engagement between the relevant institutions and business communities .
The First Uzbekistan–Korea Interregional Cooperation Forum 11 September 2026 | Seoul
The Forum will provide a high-level platform for constructive dialogue and practical partnerships between Uzbekistan and Korea. It will bring together government representatives, investors, and business leaders from both countries to advance trade, investment, and interregional cooperation. The agenda will focus on expanding industrial cooperation and investment partnerships, strengthening vocational education and skills development, advancing collaboration in digital technologies, artificial intelligence (AI), and IT, as well as fostering closer cultural, people-to-people, and sports ties. If your company is seeking to establish new business connections or expand mutually beneficial cooperation with Korean partners, we invite you to join the First Uzbekistan–Korea Interregional Cooperation Forum. To participate in the Forum, please register via the following link
Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Rashad Mammadov, Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Uzbekistan.
On 19 August, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Rashad Mammadov, Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Uzbekistan . 🟠The parties reviewed the dynamics of bilateral trade and investment cooperation. In 2025, bilateral trade reached USD 307.3 million (+14.6%), while in January–June 2026 it amounted to USD 170.3 million (+30.8%). 🟠Particular attention was paid to the preparation of bilateral documents aimed at further expanding trade and investment cooperation, including a Roadmap for the implementation of the agreements reached and a Programme to increase bilateral trade to USD 1 billion by 2030 . 🟠The parties also discussed organizational matters related to the 4th Uzbekistan–Azerbaijan Interregional Forum , which will take place in Tashkent on 22 August and serve as a platform for expanding direct contacts between the regions and businesses of the two countries . 🟠Following the meeting, further steps were identified to increase bilateral trade , advance investment projects and strengthen interregional ties .
Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Mohammad Ali Eskandari, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Uzbekistan.
On 14 August, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with Mohammad Ali Eskandari, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Uzbekistan . The parties discussed prospects for further expanding trade , economic and investment cooperation . In January–June, bilateral trade increased by 37.5% to USD 305 million . Particular attention was paid to advancing 29 joint projects , as well as to preparations for the 17th meeting of the Joint Intergovernmental Commission and the Uzbekistan–Iran Business Forum, scheduled to be held in Tashkent on 26–27 November . Following the meeting, the parties agreed to continue joint efforts to expand bilateral trade and implement new investment projects .
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.
