Saturday, 14, November, 2026

President Shavkat Mirziyoyev has ordered officials to prepare plans to attract $65 billion in foreign investment in 2027, broken down by sector and province, the presidential press service said.

He gave the instruction at a meeting on the draft state budget and macroeconomic forecasts for 2027.

The target compares with $43.1 billion attracted in 2025 and a planned $53 billion for 2026. In January-September 2026, Uzbekistan utilized $44.3 billion in foreign investment and loans.

The meeting heard that the government is preparing a strategy for accelerated development of the chemical and petrochemical industries, machine building, electrical engineering, and the textile and pharmaceutical sectors.

Under a new industrial policy, authorities plan to bring large international companies and investors representing well-known brands into each priority sector. They also aim to create modern industrial zones, deepen localization of production and raise enterprises’ technological capacity. At least two or three major investors are expected in each promising sector in 2027.

Uzbekistan also intends to move into semiconductor technology, robotics, biotechnology, and the production of high-tech components and electric-vehicle batteries. New mechanisms are planned to encourage international brands to invest, support research and development, and foster competitive domestic producers.

Structural reforms are set to continue in 2027. Priorities include the transformation of state-owned enterprises and banks, faster privatization, upgrades to energy and transport infrastructure, human capital development, and completion of the process of joining the World Trade Organization.

The meeting was told that particular attention will go to channeling public investment toward creating favorable conditions for private capital and improving its economic efficiency.

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