Investments in the economy of Uzbekistan: macroeconomic conditions, investment climate and priority sectors

UDC 65.01
DOI: 10.36871/u.i.k.2025.07.01.003

Authors

Sardor U. Karimjanov,
Diplomatic Academy of the Ministry of Foreign Affairs of Russia, Moscow, Russia

Abstract

The article presents an analysis of the current state of Uzbekistan’s investment climate with a focus on macroeconomic conditions, business environment reforms and priority sectors of the economy. After 2017, the country has been implementing a large-scale reform programme, which has ensured macroeconomic stability and a marked improvement in the investment climate. Key achievements are noted: sustainable GDP growth, increased inflow of foreign direct investment and improvement of Uzbekistan’s position in international business environment ratings. Priority areas for investors – industry, information technology and energy – are reviewed, with a brief overview of the potential of these sectors.

Keywords

investment, investment climate, industry, energy, privatization