Supplementary information on the TIIF 2025
By Roy Lie Atjam
The Uzbekistan government has implemented investment-friendly reforms, such as privatization initiatives, amendments to investment laws, and the expansion of public-private partnerships (PPP).
Under the “New Uzbekistan” vision, the country is actively pursuing green energy transitions, digital infrastructure expansion, and corporate governance reforms to build new growth engines.
At the heart of opportunity lies the resolute commitment of the authorities, embodied by the National Investment Fund. The government-established initiative serves as a dynamic catalyst for the development of the local capital market, the transformation of state-owned enterprises, and the elevation of corporate governance across its portfolio companies.
Stable Governance
The Republic of Uzbekistan is characterized by a stable and structured governance system, functioning as a semi-presidential constitutional republic. The President serves as the head of state, while executive power rests with the government, skillfully led by the Prime Minister. This robust political framework provides a solid foundation for progress and development in the nation.
Vibrant Youth Uzbekistan boasts a dynamic and youthful population, with an impressive 30.1% of its citizens under the age of 14. This energetic demographic is a vital driving force behind the country’s flourishing economy, embodying the promise of a bright future.
Natural resources
Uzbekistan is blessed with a wealth of natural resources, standing out for its rich deposits of gold and natural gas. Among its most valuable minerals are petroleum, natural gas, and gold, with an astounding 1,800 mineral reserves waiting to be explored and harnessed. These treasures not only fuel the nation’s economy but also highlight Uzbekistan’s potential as a key player on the global stage.
Uzbekistan 2030 Strategy
On September 11, 2023, the President of Uzbekistan introduced the inspiring “Uzbekistan – 2030” Strategy through Decree No. UP-158.
This visionary plan outlines an ambitious agenda of 100 goals across five key areas for the next seven years, drawing on valuable lessons and global insights while reflecting the spirit of “New Uzbekistan.”
Our aim is to elevate Uzbekistan to a high- to middle-income nation through sustainable economic growth and to establish education, healthcare, and social protections that meet the highest international standards. We are committed to empowering every citizen and building a fair and modern state that serves its people while safeguarding our sovereignty.
The Uzbekistan 2030 Strategy is not merely a plan; it is a lantern of hope that illuminates our collective dreams and paves the way for a brighter, more prosperous future for every one of us. Together, we are stepping boldly into tomorrow
Attracting Sustainable Investment: A Pathway to Success.
The OECD urgently calls for the swift implementation of the Road map for Sustainable Investment Policy Reforms (RSIPR). This initiative aims to assess Uzbekistan’s investment framework and provide tailored recommendations to enhance the investment climate. By adopting these reforms, Uzbekistan can unlock the long-term potential of foreign direct investment. Creating a fair environment for all stakeholders is essential for success. To attract investments, promotion and facilitation must work together. Establishing clear legal frameworks and fostering transparency and stability are crucial. We are at an exciting turning point in our development! It’s vital to build a strong local capital market without relying solely on foreign institutions. Let’s generate enthusiasm with international roadshows that highlight Uzbekistan’s dynamic investment opportunities. By showcasing our unique strengths, we can unlock a future filled with sustainable growth and prosperity.
The EBRD PPP Regulatory Guidelines Collection 2024 is an invaluable resource that should not be overlooked. This guide features a comprehensive Matrix Checklist that details all the essential prerequisites for establishing an online court. Additionally, it offers an innovative web tool designed specifically for policymakers, enabling them to craft a tailored list of measures necessary for successfully implementing an online court in their country. Take advantage of this opportunity to enhance your legal infrastructure and streamline access to justice!
President Shavkat Mirziyoyev noted that “the volume of trade with our neighbors has increased by more than 3.5 times in eight years, reaching almost $13 billion,”which is why he is proposing the promotion of the “Concept of an Integrated Region for Investment and Trade” in Central Asia.
The Bulgarian President, Rumen Georgiev Radev, highlighted existing investments in Uzbekistan’s oil processing, pharmaceutical, and food industries and noted the potential for deeper cooperation, particularly in artificial intelligence and digital innovation as part of Uzbekistan’s modernization agenda.
Slovakia’s Prime Minister Robert Fico emphasized Uzbekistan’s strategic location, referring to it as a vital junction on emerging Eurasian trade routes and a bridge between the East and West. He underscored the significance of connectivity corridors for regional integration and prosperity, expressing Slovakia’s commitment to a sustainable Eurasian economy through ongoing dialogue with Uzbekistan.
Kazakhstan’s Prime Minister Olzhas Bektenov pointed out the country’s logistics capabilities, providing access to key markets in China, the Eurasian Economic Union, Europe, and the Middle East, noting the rapid development of the Trans-Caspian International Transport Route.
Overall, these speeches reflect a collective goal to position Central Asia, with Uzbekistan at the core, as a dynamic hub connecting Europe and Asia, emphasizing trade, stability, and opportunity. The forum showcases the potential of diplomacy and economic partnerships in shaping the region’s future.
Through comprehensive reforms, and a favourable business environment, Uzbekistan is seeing real progress. The “Uzbekistan-2030” Strategy is accelerating to support the economic development of the country. By 2030, Uzbekistan’s GDP is projected to reach $200 billion.
The IV Tashkent International Investment Forum 2025-TIIF, confirms Uzbekistan’s status as one of the leading investment centre in Central Asia. Investment contracts and trade agreements totaling 30.5 billion USD were signed during TIIF-2025—marking a 14.6% increase compared to last year’s $26.6bn
Pictures are a courtesy of Uzbekistan Government Portal.
