Uzbekistan’s market is characterized by openness and strong investment appeal.

Recent reforms and the creation of a favorable business environment have opened up new opportunities for both local entrepreneurs and international investors. A clear indication of this trend is the rapid increase in the number of operating enterprises with foreign capital in the country.

According to the latest reports of the National Statistics Committee, as of March 1, 2026, the number of enterprises with foreign investment in Uzbekistan stands at 18,770. Of these, 14,405 are registered as wholly foreign-owned enterprises, while 4,365 operate as joint ventures.

Statistical analysis confirms qualitative changes in the investment environment over the past five years. The number of foreign-capital enterprises has increased 1.4-fold, while the share of foreign-invested enterprises in the overall structure has risen from 55.2% to 76.7% – a clear indicator of growing confidence among international businesses in Uzbekistan’s market. China (5,257 enterprises), Russia (3,214), and Türkiye (2,173) remain the leading countries by number of enterprises.

These figures point to Uzbekistan’s transformation into a regional economic hub. The inflow of foreign capital contributes to job creation and enhances the competitiveness of the national economy by introducing modern technologies and management practices.

Khamroz Bayanov, UzA