Uzbekistan’s FDI Reaches Record $11.9 Billion in 2024

Uzbekistan has demonstrated remarkable progress in attracting foreign direct investment (FDI), with inflows reaching $11.9 billion in 2024 — a growth of more than 53% compared to the previous year. This achievement reflects the country’s strong economic reforms, favorable business environment, and growing reputation as one of Central Asia’s most dynamic markets.

 

Key sectors driving this investment include energy, particularly renewable projects such as solar and wind, manufacturing industries producing textiles, automotive parts, and construction materials, as well as digital technologies where Uzbekistan positions itself as a new IT hub in the region. The government’s consistent support, including tax incentives and simplified customs procedures, has further boosted investor confidence.

 

The share of FDI in GDP now stands at 10.3%, underlining its importance in Uzbekistan’s economic structure. Experts note that these investments are not only financial inflows but also sources of advanced technologies, management expertise, and job creation for a young and ambitious workforce.

 

For international companies, this record growth sends a clear signal: Uzbekistan is open, stable, and eager to welcome new partners. Yasdar Consulting supports investors in navigating regulations, identifying reliable partners, and ensuring successful project implementation. The new record of FDI is more than a number — it is a sign of long-term opportunities for those ready to engage with Uzbekistan’s fast-growing economy.

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