TASHKENT, Uzbekistan, May 8. The Committee of
the Legislative Chamber of the Oliy Majlis on Entrepreneurship,
Competition Development and Industry held a seminar in Tashkent
focused on improving the investment climate, supporting
entrepreneurship, and strengthening Uzbekistan’s attractiveness for
foreign investors, Trend reports via the Legislative Chamber of the Oliy
Majlis.
The discussion brought together lawmakers, representatives of
government agencies, members of the Investors’ Council, as well as
international companies and organizations.
Participants noted that Uzbekistan has been steadily advancing
wide-ranging economic reforms in recent years aimed at improving
the business environment, strengthening legal protections for
investors, and simplifying engagement with state institutions.
These efforts are increasingly shaping the country as a competitive
destination for investment in the region.
Moreover, it was highlighted that in 2025, Uzbekistan attracted
$43.1 billion in investments, with a significant share directed to
industry and regional development projects. Thousands of
initiatives were implemented across the country, generating more
than 150,000 jobs.
The seminar also focused on ongoing work to modernize the legal
framework governing investment activity, including efforts to
remove regulatory barriers and improve transparency for businesses.
The draft Investment Code was discussed as part of these broader
reforms.
International participants, including representatives of the
Organisation for Economic Co-operation and Development (OECD) and
the World Bank, shared assessments of Uzbekistan’s reform
trajectory. They noted positive momentum in economic policy and
investor support mechanisms, while also offering suggestions for
further improvement of the draft legislation.
Speakers at the event emphasized that Uzbekistan continues to
emerge as one of the most dynamic investment destinations in
Central Asia, with sustained policy attention on creating more
predictable and open conditions for investors.
