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Uzbekistan growing in popularity for foreign capital enterprises

Uzbekistan Materials 26 October 2023 14:59 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, October 26. The number of active enterprises with foreign capital in Uzbekistan amounted to 12,851 as of October 1 of 2023, Trend reports.

This number marked an increase of 101 enterprises in a single month, a noteworthy uptick in activity since the beginning of the year, despite a notable 18.7 percent decrease compared to January.

The number of enterprises from each country is distributed as follows:

Russia - 2,850

China - 1,960

Türkiye - 1,736

Kazakhstan - 957

South Korea - 696

United States - 292

Tajikistan - 251

Azerbaijan - 198

Turkmenistan - 136

Meanwhile, as of September 1, 2023, the number of active enterprises with foreign capital in Uzbekistan amounted to 12,750.

Earlier this year, a protocol aimed at improving the investment environment in Uzbekistan was signed during a session of the Foreign Investors Council in Uzbekistan’s Tashkent. The document included proposals for enhancing the investment climate in Uzbekistan.

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