Investments

Investor Interest in Central Asia and the Caucasus Triples

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Margarita Baskakova
Margarita Baskakova
International Managing Editor
Central Asia Investment Montfort Eurasis
According to a new report by Montfort Eurasia.
Central asia

Investors in Central Asia and the Caucasus have surged dramatically, according to a new report released today by Montfort Eurasia, a regional arm of the London-based strategic communications firm Montfort Communications.

Published on the sidelines of the Tashkent International Investment Forum, the report reveals that interest from U.S. and UK investors in the region has tripled since 2023. This growing enthusiasm comes despite lingering concerns over political stability and the security of investments.

The findings indicate that investors are especially drawn to sectors such as industry and manufacturing, oil and gas, as well as mining and natural resources.

«Quality communication and active engagement are key to unlocking the region’s full investment potential,» said Eleanor Kramers, Managing Director of Montfort Eurasia. «By offering transparent and reliable information and openly addressing risks, Central Asia and the Caucasus can become even more attractive to global investors.»

Key Findings:

  • Emerging Markets in Focus: 66.7% of UK investors and 72.9% of U.S. investors now show high interest in emerging markets—up from 44.7% and 29.5%, respectively, in 2023.
  • Improved Understanding: Investors rated their knowledge of the region’s investment climate at 7.36 out of 10, compared to just 4.92 two years ago.
  • Tripled Interest: The proportion of investors expressing strong interest in Central Asia and the Caucasus rose from 15.5% in 2023 to 47% in 2025.
  • Lingering Concerns: Investment security remains a concern for 76% of respondents, while 65% flagged political stability as a worry.
  • Information Sources: Most investors rely on international media (80%) and financial analysts (70%) for insights into emerging markets.

The report also notes that a better understanding of the region significantly boosts the likelihood of investment: 68% of respondents indicated they would be more likely to invest with improved market awareness.

Most Attractive Sectors and Countries:

Industry and manufacturing emerged as the most appealing sectors (63.5%), followed by oil and gas (57.9%) and natural resources and mining (49.2%). Among the countries in the region, Kazakhstan was the top investment destination (11%), followed by Armenia (10.5%), Azerbaijan (8.7%) and Uzbekistan (7.8%).

Kursiv Uzbekistan also reports that Shavkat Mirziyoyev told that now, more than ever, international cooperation is vital to prevent further escalation and to foster trust among nations.

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