China Tops List of Uzbekistan’s Foreign Investors with $24.9 Billion in 2025

China continues to be Uzbekistan’s leading foreign investor, accounting for nearly 40% of the country’s total foreign investments, according to the National Statistics Committee.

Between January and September 2025, China’s share of foreign investments and loans utilized in Uzbekistan reached 39.9%, totaling $24.9 billion, The Caspian Post reports, citing Uzbek media.

Russia and Türkiye ranked as the second and third largest investment partners, respectively.

The committee’s new data show that the volume of utilized foreign investments and loans reached $24.9 billion during the first nine months of this year. The country-wise distribution of leading investors is as follows:

• China - 39.9%
• Russia - 7.8%
• Türkiye - 7.7%
• Saudi Arabia - 3.8%
• Germany - 3.5%
• United Kingdom - 3.3%

Experts note that the shares of major partners are shaped by the portfolio of ongoing projects, the growing participation of financial institutions, and investments in industry and infrastructure. At the same time, the diversification of investment geography continues.