Creating and expanding growth opportunities in Uzbekistan
Uzbekistan is a country transformed. Over the past five years, a sweeping reform program has liberalized the national economy and spurred a period of unprecedented growth. From the establishment of an independent energy regulator to major privatization projects in strategic sectors from chemicals to banking, Uzbekistan’s economic restructuring is attracting investors from around the world.
What’s more, a burgeoning tech industry is testament to the ingenuity and entrepreneurialism of Uzbekistan’s young, STEM-educated population and its culture of innovation.
Once a key node on the fabled Silk Road, Uzbekistan is reclaiming its place at the heart of global trade.
This comprehensive investment guide, developed in cooperation with PwC, provides an in-depth analysis of Uzbekistan’s investment climate, recent economic reforms, and opportunities across key sectors. It covers macroeconomic indicators, tax and customs regimes, legal framework, and business setup procedures.
Special focus is placed on strategic sectors such as agriculture, energy, oil & gas, ICT, textiles, chemicals, and pharmaceuticals. Ideal for foreign investors, public institutions, and researchers, the document features investment success stories and detailed information on incentives within Special Economic Zones (SEZs).

This official investment report, titled “The Big Country with Big Opportunities – Reform in Action,” offers a comprehensive overview of Uzbekistan’s reform-driven economic transformation. It outlines the government’s commitment to market liberalization, private sector development, and international cooperation.
The report captures the sentiment of Uzbekistan’s growing community of advocates, including the London Stock Exchange, the Asian Development Bank, Rothschild & Company, the EBRD, Franklin Templeton, and British American Tobacco.

Uzbekistan In Numbers

Doing business in Uzbekistan
Committed to economic and civic liberalisation, and boasting a young, and highly educated population, Uzbekistan is seizing its growth moment. Businesses from around the world are investing in a country where government, regulator, the workforce, and local community are aligned. Whether you’re pioneering wind and solar energy generation or developing groundbreaking digital and financial technologies - the New Uzbekistan wants to be your partner!


Investment map of Uzbekistan
Views from the market
