Uzbekistan’s Role in Attracting Investment and Advancing B2B Partnerships for Landlocked Countries
Uzbekistan is actively strengthening its investment diplomacy and expanding international B2B engagement, demonstrating that being landlocked is not an obstacle to sustainable economic growth. In the first half of 2025, the country attracted $20.99 billion in foreign investment, a 135% increase compared to the same period last year.
According to Jasur Kambarov, Head of the Department at the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan, $18.8 billion of the total came from direct foreign investment, while $2.2 billion was financing from international financial institutions. Key sectors for investment include energy, geology, healthcare, road infrastructure, and the digital economy.
A major milestone was the Tashkent International Investment Forum held in June, which gathered over 3,000 participants from 97 countries. Attendees included major global companies such as Boeing, Visa, Meta, TotalEnergies, Coca-Cola, John Deere, SOCAR, Masdar, ACWA Power, and others. Throughout the year, Uzbekistan also organized investment forums and business negotiations in the UAE, Saudi Arabia, Turkey, China, Hungary, Pakistan, Vietnam, Japan, Italy, Azerbaijan, and other countries.
Since the beginning of 2025, Uzbekistan has launched 30 large-scale industrial projects totaling $2.5 billion, creating over 3,200 new jobs. Among these projects are a casting and rolling complex by Uzmetkombinat JSC worth $834 million and a $70 million glass production facility by Mingyuan Silu Industry.
As part of the regional investment program, more than 3,400 projects totaling $2.2 billion have already been implemented. By the end of the year, another 4,900 projects worth $11.6 billion are planned. These initiatives are expected to contribute significantly to regional development and create over 272,000 new jobs in 2025.
Special focus is being placed on the development of multimodal transport routes through Iran, Turkmenistan, Azerbaijan, China, and Kazakhstan. Key directions include the China–Kyrgyzstan–Uzbekistan corridor and the Trans-Caspian International Transport Route (TITR).
Strategic partnerships with companies such as Masdar, ACWA Power, Linde, DataVolt, Meta, and Visa are boosting investment in green energy, digital infrastructure, and logistics. Uzbekistan continues to build a resilient model of international B2B cooperation, integrating its economy into global production and logistics chains.
