From June 10 to 12, Uzbekistan will again be in the spotlight of international investors as the 4th Tashkent International Investment Forum takes place in the capital.

For several years, this event has served as an important international platform for discussing investment opportunities and prospects for economic cooperation. This year’s forum is particularly significant, as Uzbekistan continues solidifying its position as a rapidly developing state in Central Asia.

In this context, Uzbekistan’s Minister of Investments, Industry, and Trade, Laziz Kudratov, emphasized in an interview with foreign media the wide-reaching reforms implemented in the country over the past seven years, as well as the dramatic improvement in conditions for entrepreneurs and foreign investors. Notably, the country has attracted more than $90 billion in direct investments over a relatively short period, a remarkable figure even by regional standards. Last year, the economy grew by 6 percent, underscoring the effectiveness of the chosen development path.

The Uzbekistan 2030 Strategy, which aims to transform the country into a strong state with a GDP of $200 billion, is not merely a declarative document, but a comprehensive roadmap in which investment attraction occupies a central place. The Tashkent International Investment Forum is evolving into a key platform for dialogue between the state and the business community. This is evidenced by the record number of agreements signed in the previous third edition of the forum, which was $26.6 billion.

The total value of agreements signed since 2022 has exceeded $44 billion. Most of these projects have already been implemented or are in active development. Key investors include Saudi Arabia, China, Russia, and other countries with complementary experience and technologies.

Today, Uzbekistan is opening its doors to the world and inviting investors to become part of significant projects in mechanical engineering, automotive manufacturing, energy, financial technologies, and artificial intelligence. A distinctive feature of the upcoming forum is that, functioning as a kind of investment exhibition, it will enable major companies to present their projects and allow domestic businesses to showcase their potential to an international audience.

Muharrama Pirmatova, UzA