Tashkent (TDI): Uzbekistan has once again positioned itself as a rising regional economic force, hosting the Fourth Tashkent International Investment Forum (TIIF) from June 9 to 12, which concluded with a remarkable $26.6 billion in new investment deals.
The forum attracted over 2,500 participants from 93 countries, including ministers, corporate giants, economists, and financial leaders, all converging to explore opportunities in one of Central Asia’s fastest-growing markets.
Speaking at the forum, Investment Minister Laziz Kudratov highlighted sweeping economic reforms over the past seven years. These reforms, he said, helped bring in $90 billion in foreign direct investment, resulting in a 6.5% GDP growth in 2024.
Under the “Uzbekistan 2030” plan, the country aims to boost GDP to $200 billion by the end of the decade, a vision in which foreign investment remains the cornerstone.
Some of the biggest pledges came from: Saudi Arabia $10.7 billion, China $7 billion, Russia $5.5 billion, UAE $4.6 billion, Turkiye $3.6 billion, Germany $3.4 billion and France $2 billion.
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Since TIIF began in 2022, the forum has already helped finalize 357 deals worth $44 billion, with 57 projects completed and 263 currently in progress.
A new Investor Perception Report by Montfort Eurasia revealed growing confidence among U.S. and UK investors. Their understanding of Central Asia’s potential rose sharply, scoring 7.36 out of 10, up from 4.92 last year.
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President Shavkat Mirziyoyev emphasized the need for deeper regional economic cooperation, noting that trade with neighboring countries has tripled to nearly $13 billion in just eight years.
He proposed a new framework, “A Concept of an Integrated Region for Investment and Trade in Central Asia” backed by global partners and new financial tools.
With global interest rising and reforms delivering results, Uzbekistan is no longer just a regional player, it’s emerging as a serious contender on the global investment stage.
