Uzbekistan
A 36-million consumer market at the centre of Central Asia, with a sweeping privatisation programme and one of the most aggressive investor-incentive regimes in the region.
Macro stability
Average GDP growth of 6.5% over five years, IMF-supported reform programme, currency convertibility since 2017.
Privatisation pipeline
Active privatisation of state-owned enterprises across banking, energy, and industrials with transparent procedures.
Special economic zones
22 free economic zones offering up to 10 years of profit tax exemption and customs preferences.
Strategic location
Doubly land-locked but the natural overland hub for Central Asia, China, South Asia, and the Caucasus corridors.
Investor incentives
Profit tax exemption up to 10 years for qualifying projects in priority sectors and SEZs.
VAT and customs duty exemptions on imported equipment for new production.
Long-term land lease (up to 49 years) and free land allocation for strategic projects.
Stabilisation clauses guaranteeing tax regime for the duration of the project.
Direct support of MIIT throughout the project lifecycle, from licensing to commissioning.
Projects in Uzbekistan
Active investment opportunities with designated case officers and clear engagement pathway.
Greenfield·Bukhara Region
Bukhara Integrated Poultry Cluster
Vertically integrated poultry cluster — feed mill, hatchery, broiler farms and slaughterhouse — targeting domestic substitution and GCC export.
- Ticket
- $110M–$150M
- Sector
- poultry
Privatisation·Tashkent
Privatisation — Aloqabank (49% stake)
Strategic investor sought for a 49% stake in Aloqabank, the digital-leading Uzbek commercial bank.
- Ticket
- $380M–$450M
- Sector
- finance
Strategic·Kyzylkum (Navoiy)
Kyzylkum Uranium ISL Block
Joint development of an in-situ leach uranium block with Navoiyuran, supplying long-term offtake to the Saudi nuclear power programme.
- Ticket
- $420M–$540M
- Sector
- mining
Greenfield·Khorezm Region
Khiva UNESCO Luxury Resort
180-key heritage luxury resort within the buffer zone of the UNESCO-listed Itchan Kala, targeting GCC long-stay travellers.
- Ticket
- $60M–$90M
- Sector
- tourism
Greenfield·Fergana Region
Fergana Vertically Integrated Textile Park
Cotton-to-garment park integrating spinning, weaving, dyeing and CMT lines on a single campus, with anchor off-take from Saudi and Turkish brands.
- Ticket
- $280M–$360M
- Sector
- textiles
Greenfield·Tashkent Region
Tashkent Cold Chain & Agro Logistics Hub
Modern cold chain platform supporting fruit and vegetable exports to GCC, with 80,000 m² of climate-controlled storage.
- Ticket
- $180M–$240M
- Sector
- agriculture
Responsible authorities
Ministry of Investment, Industry and Trade (MIIT)
Lead authority for foreign investment
Uzbekistan Direct Investment Fund (UzDIF)
Co-investment partner for strategic projects
Agency for Strategic Reforms
Privatisation, PPP, and SEZ coordination