Fixed capital investment in Uzbekistan increased by 20.1% year on year to 584.2 trillion soums in January-September 2026, with non-state financing accounting for the majority of investment and manufacturing attracting the largest share of capital expenditure, according to the National Statistics Committee.

Total fixed capital investment over the nine-month period reached 584 trillion 154.2 billion soums. Foreign investment and loans amounted to US$33.9 billion, equivalent to approximately 408 trillion soums, and were directed toward the creation of new fixed assets, The Caspian Post reports, citing UzDaily.

Non-state sources accounted for 518.6 trillion soums, representing 88.8% of total fixed capital investment. This was an increase of 17.6% compared with January-September 2025.

Centralized investment reached 65.6 trillion soums, or 11.2% of the total, rising by 43.3% year on year.

Of this amount, 25.4 trillion soums came from the national budget, while the Fund for Reconstruction and Development provided 3.9 trillion soums. Foreign loans backed by government guarantees amounted to 36.3 trillion soums.

Among non-state financing sources, foreign investment and non-guaranteed foreign loans accounted for the largest share, totaling 371.7 trillion soums, or 63.6% of all fixed capital investment.

Foreign investment alone reached 270.6 trillion soums, representing 46.3% of the total and an increase of 21.1% compared with the first nine months of 2025.

Enterprises financed 67.8 trillion soums, or 11.6% of total investment, while household investment amounted to 71.6 trillion soums, accounting for 12.3%.

Commercial bank loans and other borrowed funds contributed 7.4 trillion soums, equivalent to 1.3% of total investment.

Investment activity was concentrated in Tashkent and several regions of the country.

The capital recorded the highest investment volume at 94.8 trillion soums, followed by Tashkent region with 61 trillion soums and Namangan region with 60 trillion soums.

Samarkand region attracted 46.1 trillion soums, while Ferghana region received 46 trillion soums. Investment reached 37.9 trillion soums in Navoi region and 34.5 trillion soums each in Surkhandarya and Bukhara regions.

Andijan region recorded 33.6 trillion soums, Kashkadarya region 30.4 trillion soums, Khorezm region 25.2 trillion soums and the Republic of Karakalpakstan 22.6 trillion soums.

Investment in Jizzakh region amounted to 21.2 trillion soums, while Syrdarya region recorded 19.4 trillion soums.

Manufacturing was the largest recipient of fixed capital investment by economic activity, attracting 160.8 trillion soums, or 27.5% of the national total.

The sector's share increased by 2 percentage points compared with January-September 2025.

Residential construction ranked second, receiving 87.1 trillion soums, equivalent to 14.9% of total investment.

Agriculture, forestry and fisheries attracted 52.1 trillion soums, or 8.9%, while non-residential construction and infrastructure projects received 51.1 trillion soums, representing 8.8%.

Investment in electricity, gas, steam and air-conditioning supply totaled 39 trillion soums, accounting for 6.7% of the overall figure.

Mining attracted 33.9 trillion soums, or 5.8%, while transportation and storage received 27.7 trillion soums, equivalent to 4.7%.

Wholesale and retail trade, including motor vehicle and motorcycle repairs, accounted for 22.6 trillion soums, or 3.9%.

Education received 12.7 trillion soums, representing 2.2% of total investment, while water supply, sewerage, waste collection and disposal attracted 12.2 trillion soums, or 2.1%.

Accommodation and food services, as well as information and communication services, each received between 9.3 trillion and 9.5 trillion soums.

Investment in healthcare and social services totaled 7.7 trillion soums, followed by professional, scientific and technical activities at 6.1 trillion soums and financial and insurance activities at 5.4 trillion soums.

Foreign investment and loans utilized during January-September 2026 reached 408 trillion soums, equivalent to US$33.9 billion.

Manufacturing accounted for the largest share of these funds at 35.4%, followed by electricity and gas supply at 19.7%.

Mining and construction each received 10.3% of foreign investment and loans, while transportation and storage accounted for 8.4%.

Agriculture attracted 6%, information and communication services received 5%, and water supply and sewerage accounted for 2.2%.

Healthcare received 1.7%, while other economic activities accounted for the remaining 1%.

Tashkent recorded the largest regional volume of foreign investment at 47.9 trillion soums.

Namangan region followed with 31.7 trillion soums, ahead of Tashkent region at 30.5 trillion soums, Ferghana region at 29.8 trillion soums and Samarkand region at 28.7 trillion soums.

Alongside investment figures, the National Statistics Committee released data on newly commissioned housing and utility infrastructure.

During the first nine months of 2026, Uzbekistan commissioned 12.6 million square meters of individual housing, an increase of 13.1% compared with the corresponding period of 2025.

Of this total, 8.45 million square meters were located in rural areas.

Tashkent region recorded the largest volume of newly commissioned housing at 1.5 million square meters.

Andijan region followed with 1.26 million square meters, Bukhara region with 1.25 million square meters, Namangan region with 1.24 million square meters and Ferghana region with 1.21 million square meters.

Surkhandarya region commissioned 1.08 million square meters of housing, while Khorezm region recorded 1.21 million square meters.

Jizzakh region added 645,400 square meters, Navoi region 603,800 square meters and Tashkent city 813,800 square meters.

The country also commissioned 1,104.6 kilometers of water supply networks during the reporting period.

Of this total, 1,062.6 kilometers, or 96.2%, were constructed in rural areas.

Samarkand region accounted for the largest length of newly commissioned water supply networks at 575.1 kilometers.

The Republic of Karakalpakstan recorded 198.8 kilometers, followed by Jizzakh region with 167.2 kilometers, Ferghana region with 92 kilometers, Kashkadarya region with 45.6 kilometers and Andijan region with 25.9 kilometers.

In addition, Uzbekistan commissioned 11.4 kilometers of gas pipelines during January-September 2026. All newly constructed gas pipelines were located in Ferghana region.

The National Statistics Committee explained that fixed capital investment includes expenditure on construction and installation work, purchases of machinery, equipment and vehicles, and other capital spending intended to create, expand, reconstruct or modernize fixed assets.

The committee also noted that figures for 2025 and earlier years may differ from previously published statistics because of subsequent recalculations.