Uzbekistan
A 36-million consumer market at the centre of Central Asia, with a sweeping privatisation programme and one of the most aggressive investor-incentive regimes in the region.
Macro stability
Average GDP growth of 6.5% over five years, IMF-supported reform programme, currency convertibility since 2017.
Privatisation pipeline
Active privatisation of state-owned enterprises across banking, energy, and industrials with transparent procedures.
Special economic zones
22 free economic zones offering up to 10 years of profit tax exemption and customs preferences.
Strategic location
Doubly land-locked but the natural overland hub for Central Asia, China, South Asia, and the Caucasus corridors.
Investor incentives
Profit tax exemption up to 10 years for qualifying projects in priority sectors and SEZs.
VAT and customs duty exemptions on imported equipment for new production.
Long-term land lease (up to 49 years) and free land allocation for strategic projects.
Stabilisation clauses guaranteeing tax regime for the duration of the project.
Direct support of MIIT throughout the project lifecycle, from licensing to commissioning.
Priority sectors
Responsible authorities
Ministry of Investment, Industry and Trade (MIIT)
Lead authority for foreign investment
Uzbekistan Direct Investment Fund (UzDIF)
Co-investment partner for strategic projects
Agency for Strategic Reforms
Privatisation, PPP, and SEZ coordination