Future Forward: 30 Years of EY in Uzbekistan

Uzbekistan’s economy is entering a new phase of development, where the pace of change matters as much as the reforms themselves. Digital transformation, energy transition, infrastructure investment, labor market evolution, and the growing role of the private sector are reshaping the country’s economic landscape and creating new opportunities for growth. As the country continues its transformation, the key question is no longer how much has changed, but what comes next. Which decisions being made today will shape the economy of tomorrow? Which sectors are poised for the greatest growth? And how are global megatrends influencing Uzbekistan’s local priorities and ambitions? For the past 30 years, EY has worked alongside businesses, investors, and public institutions, supporting many of the country’s most significant milestones in investment, reform, and business transformation. This experience provides a unique perspective on the changes taking place, allowing us to look beyond individual developments and view them through the broader lens of sustainable growth, institutional progress, and economic modernization. This special project by Kursiv Uzbekistan and EY Uzbekistan explores the country’s evolving economic story. In the articles ahead, we will examine the trends, opportunities, and challenges shaping Uzbekistan’s future, from taxation and infrastructure to energy, innovation, human capital, and competitiveness.

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