Uzbekistan Sets Ambitious Investment and Export Goals for 2025

On December 19, Uzbek President Shavkat Mirziyoyev chaired a government meeting to assess the progress of foreign investment in 2024 and outline objectives for 2025

Since 2017, Uzbekistan has attracted $188 billion in total investments, with $87 billion coming from foreign sources. This has raised the share of investments in the country’s GDP to over 30%, laying a solid foundation for sustainable economic growth, The Caspian Post reports, citing the Uzbek leader's website.

In 2024, the volume of investments surged by 1.3 times, surpassing $36 billion. These funds have been directed toward 560 large and medium-sized projects, many of which are already operational. These initiatives are expected to boost Uzbekistan’s exports by $1 billion in 2025.

Looking ahead, Uzbekistan aims to attract $43 billion in investments for 2025, funding more than 300 large-scale projects. These projects are expected to produce 662 types of import-substituting goods, further strengthening the country’s industrial base.

Mirziyoyev emphasized the need for targeted engagement with foreign investors and improving conditions to attract additional investment. The meeting also set an ambitious target to double Uzbekistan’s annual export volume by 2030, reaching $45 billion. To achieve this, new investment projects will be launched, production of high-value-added goods will be increased, and access to international markets will be expanded.