Asian capital accelerates Uzbekistan’s growth
Economy
Uzbekistan has become the main driver of investment growth in Central Asia, accounting for about 62% of the region’s total increase in investments from early 2024 to the end of the first half of 2025, according to a report by the Eurasian Development Bank.
By mid-2025, Asian investments in Uzbekistan’s economy had reached $22.6 billion, compared to $11 billion at the beginning of 2024. This means the inflow of capital nearly doubled within a year and a half.
Overall, Central Asian countries attracted about $68 billion in Asian investments from 2016 through the first half of 2025, accounting for nearly 57% of total investment in the Eurasian region.
Significant capital volumes were also recorded in Turkmenistan ($20.6 billion) and Kazakhstan ($19.3 billion). In Kyrgyzstan, investments reached $3.2 billion, while Tajikistan attracted $2.4 billion.
Despite a global decline in foreign direct investment flows, Eurasian economies continue to show positive momentum. From 2024 to the first half of 2025, Asian capital inflows into the region totaled around $20 billion.
By mid-2025, accumulated investments in the region reached $119.8 billion, about 20% higher than in 2023.
China remains the largest investor, while Gulf countries also made a significant contribution. During the period, they invested about $9 billion, accounting for nearly half of the new capital inflow.
Investor interest is mainly concentrated in energy, including power generation and renewable projects, as well as in industry and infrastructure.
Overall, Central Asian countries attracted about $68 billion in Asian investments from 2016 through the first half of 2025, accounting for nearly 57% of total investment in the Eurasian region.
Significant capital volumes were also recorded in Turkmenistan ($20.6 billion) and Kazakhstan ($19.3 billion). In Kyrgyzstan, investments reached $3.2 billion, while Tajikistan attracted $2.4 billion.
Despite a global decline in foreign direct investment flows, Eurasian economies continue to show positive momentum. From 2024 to the first half of 2025, Asian capital inflows into the region totaled around $20 billion.
By mid-2025, accumulated investments in the region reached $119.8 billion, about 20% higher than in 2023.
China remains the largest investor, while Gulf countries also made a significant contribution. During the period, they invested about $9 billion, accounting for nearly half of the new capital inflow.
Investor interest is mainly concentrated in energy, including power generation and renewable projects, as well as in industry and infrastructure.
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