Uzbekistan sees strong foreign business presence from China, Russia, and Türkiye
Uzbekistan Sees Increase in Foreign Investment with 15,739 Enterprises Operating
According to the National State Committee, as of April 1, 2025, Uzbekistan is home to a total of 15,739 enterprises and organizations with foreign investment. Among these, 4,031 are joint ventures between local and foreign investors, while 11,708 are wholly foreign-owned enterprises.
Leading the pack in terms of countries investing in Uzbekistan is China, with 3,711 active firms. Russia follows closely behind with 3,033 companies, and Türkiye holds the third spot with 1,942 enterprises, showcasing its strong trade relations with Uzbekistan.
Other significant investor countries include Kazakhstan with 1,082 enterprises, Afghanistan with 672, and South Korea with 663. The United Arab Emirates, Tajikistan, and India also have a notable presence, with 352, 329, and 317 companies respectively. The United States operates 310 businesses in Uzbekistan, placing it slightly above Kyrgyzstan with 309.
Noteworthy contributions also come from Azerbaijan, the United Kingdom, Belarus, and Germany, with 278, 240, 230, and 217 enterprises respectively. Turkmenistan, Pakistan, and Japan have 209, 148, and 92 companies active in Uzbekistan.
Comparing to January 2025 figures, the number of foreign-invested enterprises in the country has seen an increase from 14,871.
Uzbekistan’s efforts to boost international investment have been evident in the first quarter of 2025, with agreements secured on 178 investment projects totaling $39 billion during visits to the United Arab Emirates, Malaysia, Kuwait, and France. Furthermore, the European Union has pledged €12 billion to support development initiatives across Central Asia during a summit held in Samarkand.
Looking ahead, Uzbekistan aims to attract $42 billion in foreign investment by the end of 2025. The country’s investment strategy includes the implementation of 81 major projects, the support of over 8,000 small and medium-sized enterprises, as well as the attraction of $2 billion in grant funding and $6 billion in loans from international banks. These efforts signify Uzbekistan’s commitment to enhancing its economic growth through foreign investments.
