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Economy

Uzbekistan economy news: GDP, investment, trade, industry. Analysis and statistics.

Articles

Fitch assigns Uzbekistan’s power grid operator ‘BB’ rating

Fitch assigns Uzbekistan’s power grid operator ‘BB’ rating

Fitch has assigned Uzbekistan’s National Electric Grids a first-time ‘BB’ rating with a Positive Outlook, matching the country’s sovereign rating.

Mirziyoyev calls for faster growth in electrical industry

Mirziyoyev calls for faster growth in electrical industry

President Shavkat Mirziyoyev has called for faster development of Uzbekistan’s electrical industry, highlighting the need for new technologies and higher-value production.

Uzbekistan's Power Generation Falls 4.6% on Lower Demand

Uzbekistan's Power Generation Falls 4.6% on Lower Demand

Uzbekistan generated 248 million kWh of electricity on 7 November 2026, down 4.6% year on year as warmer weather reduced demand.

Uzmetkombinat to Upgrade Gas Cleaning System for US$5m

Uzmetkombinat to Upgrade Gas Cleaning System for US$5m

Uzmetkombinat is investing about US$5 million to modernise its steelmaking gas cleaning system, with major works due by 15 December 2026.

Central Asia's Gas Consumption Rises 76% in 10 Years

Central Asia's Gas Consumption Rises 76% in 10 Years

Natural gas consumption across five Central Asian countries reached 119.6 billion cubic metres in 2025, while regional exports nearly halved since 2015.

Uzbekistan Solar Capacity Rises 86% to 5,934 MW in 2025

Uzbekistan Solar Capacity Rises 86% to 5,934 MW in 2025

Uzbekistan’s installed solar capacity rose 86.1% in 2025 to 5,934 MW, while natural gas consumption reached 54.32 billion cubic metres.

Uzbekistan to Develop Microelectronics and Semiconductor Strategy

Uzbekistan to Develop Microelectronics and Semiconductor Strategy

Uzbekistan is preparing a 2027–2036 microelectronics strategy with US$1.2 million in technical assistance from the Asian Development Bank.

Tashkent Extends Public Review of Property Valuations

Tashkent Extends Public Review of Property Valuations

Tashkent has extended public consultation on preliminary mass property valuations until 4 December, giving owners another 30 days to submit objections.

Uzbekistan Commissions 1,602 MVA Khalqa Substation

Uzbekistan Commissions 1,602 MVA Khalqa Substation

Uzbekistan has energised the 500 kV Khalqa substation, a US$171.4 million project expected to strengthen power supplies and reduce pollution.

Tashkent Approves 18 Firms to Produce Design-Code Signs

Tashkent Approves 18 Firms to Produce Design-Code Signs

Tashkent authorities have approved 18 certified companies authorised to produce signs and outdoor advertising structures in line with the city's design code.