Uzbekistan Targets 6.1% Growth in Industrial Sector Investments

Uzbekistan plans to increase investments in the industrial sector’s fixed capital by 6.1% in 2025, according to the country’s state programme.

The authorities also aim to boost investments in agriculture and construction by 4.1% and 14.2%, respectively.

Measures will be introduced to ensure an annual inflation rate not exceeding 7-8% of GDP. The consolidated budget deficit is expected to remain below 3% of GDP.

Exports of goods and services are projected to rise by 15% in 2025.

By August of this year, the readiness of banks and major enterprises to implement ESG (Environmental, Social, and Governance) principles will be assessed. Based on the results of this evaluation, a programme for integrating sustainable development principles will be developed.

In the first nine months of the previous year, foreign direct investments in Uzbekistan’s economy amounted to $1.9 bn, a 7% increase compared to the same period in 2023.

The majority of these investments were directed towards international bond operations.