As of December 1, Uzbekistan had 15,450 companies with foreign investments, according to the Statistics Agency.
Over the past three months, their number increased by 888, and compared to last year, it has grown by 2,097 (+15.7%). However, the total remains slightly lower than in December 2022, when there were 15,497 firms with foreign founders in the republic.
China currently ranks first with 3,372 companies, of which 390 were established in the fall. In comparison, there are 3,067 companies with Russian investments, with an increase of only 61.
In September, the number of companies with Chinese investors rose by 123, in October by 171, and by another 96 in November. The number of firms with Russian founders increased by 20, 34, and 7 in the same months, respectively. In the year leading up to September, the growth was 157 for Russia compared to 1,053 for China.
Turkey holds the third position with 1,922 firms, which is 86 more than the September level—of which nearly 49 were established in October. Following closely is Kazakhstan with 1,098 companies (+28 over three months), while by the end of October, there were 1,102. South Korea rounds out the top five with 690 firms—20 more than in September, with 15 of them established in October.
Next are the UAE with 337, Tajikistan with 334 (+32), and India with 322 companies. The USA with 312 firms (+7) and Kyrgyzstan with 300 (+23) have dropped to the bottom of the top 10.
The highest number of enterprises with foreign participation is registered in Tashkent—slightly over 10,000. Following are Tashkent region (1,810 companies), Samarkand region (604), and Surkhandarya region (496).
About one third of joint and foreign companies (5,526 firms) operate in the trade sector. Another 3,343 are related to industry, and just over 1,000 are involved in telecommunications and IT.
Earlier, Spot reported that by the end of 2024, Uzbekistan aims to attract over $34 billion in foreign investments.