Tashkent Nearly Doubles Planned Target for Foreign Investment

Tashkent, Uzbekistan (UzDaily.com) — Tashkent is demonstrating steady growth in investment inflows: since the beginning of 2025, the volume of foreign capital utilized has nearly doubled the planned targets, the city administration’s press service reported.

Over the first nine months of this year, the capital attracted US$5.07 billion in foreign investments, 92 percent higher than the approved plan of US$2.65 billion. The administration noted that this significant increase is driven by the launch of major projects such as BOMI, Trilliant, and Pyramid Tower, financed with new foreign capital inflows.

China remains Tashkent’s largest investor, contributing over US$1.42 billion. Other key partners include Turkey (US$569.9 million), Russia (US$512.8 million), Kazakhstan (US$467.4 million), the United Arab Emirates (US$377 million), and Singapore (US$250.1 million).

From January to September, 305 new projects with a total investment of US$900 million were launched in Tashkent, creating approximately 13,800 jobs. Of these, 245 projects are in the service sector with a combined investment of US$759.1 million, while 60 projects fall within industry, accounting for US$141.6 million.

By district, Yunusabad led in investment utilization with US$580 million, nearly double its planned target, followed by Mirzo-Ulugbek (US$565.1 million), Chilanzar (US$550.6 million), Shayhantahur (US$501.3 million), and Yashnabad (US$451.4 million).

According to Tashkent Governor Shavkat Umurzakov, by the end of 2025, the total volume of investment in the capital is expected to reach US$6.8 billion, with US$6.6 billion coming from foreign sources. Over the year, 582 projects worth US$2.5 billion are planned for implementation, creating 27,500 jobs. The bulk of these initiatives — 488 projects totaling US$2.1 billion — are in the service sector, while the industrial sector includes 94 projects valued at US$428 million.