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New investment projects: Uzbekistan and Türkiye expand cooperation in new areas

At the invitation of the President of the Republic of Türkiye, the President of Uzbekistan, Shavkat Mirziyoyev, paid an official visit to Türkiye.

Several bilateral documents covering various areas of the multifaceted partnership were signed, and agreements were reached on economic and financial cooperation and cooperation in special economic zones.

Akram Aliyev, Acting Deputy Minister of Investments, Industry and Trade of the Republic of Uzbekistan, spoke about the meetings on cooperation issues held during the visit and the key documents signed.

– In recent years, trade, economic, and investment cooperation between Uzbekistan and Türkiye has been developing at a rapid pace, – says Akram Aliyev. – In 2017, the volume of Turkish investments did not even reach 20 million dollars, while last year, 3.2 billion dollars in Turkish investments were utilized. The number of joint ventures is also growing. In 2025 alone, their number increased by 400, bringing it to 2,200. This means that projects involving Turkish capital are being implemented in all regions of Uzbekistan. Cooperation continues to be consistent, covering sectors such as energy, healthcare, light industry, agriculture, and construction materials production.

During the Head of State’s visit, agreements were reached with Turkish partners in new areas, including the jewelry industry, hydropower, infrastructure, and urban development. I am confident that in the coming years, our joint work on modernizing the economy and industry will reach a new level.

Interviewed by Bekhruz Khudoyberdiyev, UzA