Uzbekistan economy
Major projects in metals, automotive, electrical engineering and energy in 2027–2029: car output up to 700,000 and 11.7 GW of new capacity.
1 min read
Uzbekistan’s three-year fiscal strategy focuses on expanding industrial capacity, high-tech investment and a higher share of value added. Industrial output is expected to grow by 6.5–7% a year on average.
Navoi Mining and Metallurgical Company plans five projects worth $1.2 billion and Almalyk MMC four projects worth $2.5 billion. Passenger-car output is to rise by 50% to 700,000 a year, creating openings in components, logistics and supply chains.
The plan foresees 121 high-tech production facilities worth $3.3 billion and copper processing above 145,000 tonnes. By 2028, 11.7 GW of new capacity is to come online: 5.4 GW wind, 2 GW solar, 3.7 GW of modern thermal plants and 560 MW of energy storage.
Uzbekistan economyIn the first eight months of 2026 foreign trade grew 7.6% to $57.4 billion. A programme of up to $5 billion with the AIIB, new logistics hubs and energy projects are opening up opportunities.
1 min read
Uzbekistan economyAs of 1 July, 20,502 foreign-invested companies were operating. Türkiye ranks third with 2,293 companies.
1 min read
Uzbekistan economyUnder the draft, foreign tour operators could sell packages to Uzbek citizens only through a licensed local operator or by setting up a legal entity in the country.
1 min read
Tell us about your goals — we will get back to you to arrange a consultation.
