Uzbekistan plans to boost investments and implement ESG principles in 2025
Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan is set to increase fixed capital investment in the industrial sector by 6.1%, according to the draft state program for 2025, which has been published for public consultation.
Significant investment growth is also expected in agriculture and construction, with projected increases of 4.1% and 14.2%, respectively.
Key economic targets include maintaining annual inflation within 7–8% and limiting the consolidated budget deficit to no more than 3% of GDP.
To stimulate economic activity, the government aims to boost exports of goods and services by 15% by the end of 2025.
By August 2025, an assessment of banks and major enterprises’ readiness to adopt ESG principles (environmental, social, and corporate governance) will be conducted. Based on the results, a program will be developed to promote sustainable management practices.
Companies expected to receive ESG ratings include Uzbekneftegaz JSC, Navoi Mining and Metallurgical Combine JSC, Almalyk Mining and Metallurgical Combine JSC, Uzbekistan Airports JSC, and Uzbekistan Airways JSC.