The portfolio of Uzbek-Russian investment projects has exceeded $55 bn, Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev announced at a session of the intergovernmental commission in Tashkent.
Khodjaev added that Uzbekistan expects to attract $5 bn in Russian investment next year.
«I believe this is a solid foundation that should deliver real returns in the form of new production facilities, jobs and tax revenues,» he said.
As of early December, more than 3,100 companies operating in Uzbekistan have been established with Russian capital, with 300 new enterprises launched this year. Bilateral trade between the two countries is expected to reach $12 bn in 2025, surpassing $10 bn by early November. In 2024, total trade exceeded $11 bn.
