China and the USA increased their presence in the Uzbek market
Business
Over the past year, the number of companies with Chinese capital in Uzbekistan has increased by 1.5 times, with 58 more added in July — a record growth despite an overall decline in foreign investor activity. The United States entered the top 10 for the first time in a year.
As of August 1, Uzbekistan had 16,609 enterprises with foreign investment, according to the National Statistics Committee. While their number fell by 76 in July, the annual increase reached 16.4%, adding 2,343 new companies.
China remains the leader, with 4,250 companies involving Chinese investors, including 663 joint ventures. In July alone, their number grew by 58 — the largest increase among all countries.
Russia ranks second with 3,093 companies (down by 5 from last month) but holds first place in joint projects with local partners — 893 in total. Turkey is third with 1,982 companies (down 25), followed by Kazakhstan with 1,149 (down 8) and Afghanistan with 671 (down 9).
South Korea showed a sharp drop — down 65 to 622 companies. The UAE and Tajikistan have 369 and 357 companies, respectively. The US added 14 new companies, bringing the total to 335 and climbing to ninth place. India closes the top 10 with 332 companies.
Most foreign enterprises are concentrated in Tashkent — 10.6 thousand. Tashkent region hosts over 2,000, and Samarkand region has 617.
Trade leads by the number of joint and foreign enterprises — 5,960 (35.9%), followed by industry — 3,449 (20.8%), construction — 1,248 (7.5%), and IT & communications — 1,220 (7.3%).
More than half of all new foreign-invested companies established in the past year came from China, while the number of firms with Turkish capital increased by 160.
China remains the leader, with 4,250 companies involving Chinese investors, including 663 joint ventures. In July alone, their number grew by 58 — the largest increase among all countries.
Russia ranks second with 3,093 companies (down by 5 from last month) but holds first place in joint projects with local partners — 893 in total. Turkey is third with 1,982 companies (down 25), followed by Kazakhstan with 1,149 (down 8) and Afghanistan with 671 (down 9).
South Korea showed a sharp drop — down 65 to 622 companies. The UAE and Tajikistan have 369 and 357 companies, respectively. The US added 14 new companies, bringing the total to 335 and climbing to ninth place. India closes the top 10 with 332 companies.
Most foreign enterprises are concentrated in Tashkent — 10.6 thousand. Tashkent region hosts over 2,000, and Samarkand region has 617.
Trade leads by the number of joint and foreign enterprises — 5,960 (35.9%), followed by industry — 3,449 (20.8%), construction — 1,248 (7.5%), and IT & communications — 1,220 (7.3%).
More than half of all new foreign-invested companies established in the past year came from China, while the number of firms with Turkish capital increased by 160.
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