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American Journal of Business and Operations Research

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Online: 2692-2967 Print: 2770-0216
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American Journal of Business and Operations Research
Full Length Article

Volume 12Issue 1PP: 43–48 • 2025

Assessment of the Current State of Investment Attractiveness of Uzbekistan

Eshonkulova Sayyorabonu 1*
1Tashkent State University of Economics, Uzbekistan
* Corresponding Author.
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Open Access & Copyright

© 2025 The Author(s). Published by ASPG. This article is licensed under the Creative Commons Attribution 4.0 International License (CC BY 4.0).

Received: June 18, 2024 Revised: September 27, 2024 Accepted: December 12, 2024

Abstract

This article provides insights into Uzbekistan’s investment environment for investors and policymakers, focusing on both the investment potential and the overall investment climate of the country. It examines key economic sectors, government policies, and ongoing reforms aimed at improving transparency and attracting foreign investment.

Keywords

Investment attractiveness Infrastructure Liberalization of the economy Economic growth: Foreign direct investment (FDI)

References

[1] M. S. Abdurashidova and M. E. Balbaa, “Digital transformation of the industrial sector: The case of uzbekistan economy,” in Proceedings of the 6th International Conference on Future Networks & Distributed Systems (ICFNDS ’22). New York, NY, USA: ACM, 2022, pp. 1–7.

[2] World Bank, “Toward a prosperous and inclusive future: The second systematic country diagnostic for uzbekistan,” World Bank, Washington, DC, USA, Tech. Rep., 2022.

[3] President of the Republic of Uzbekistan, “On measures to radically improve the investment climate in the republic of uzbekistan,” 2018, presidential Decree No. UP-5495, adopted August 1, 2018, Tashkent, Uzbekistan.

[4] President of the Republic of Uzbekistan, “On the development strategy of new uzbekistan for 2022–2026,” 2022, presidential Decree No. PF-60 (also cited as DP- 60), adopted January 28, 2022, effective January 29, 2022, Tashkent, Uzbekistan, National Database of Legislation of the Republic of Uzbekistan.

[5] President of the Republic of Uzbekistan, “On additional measures to improve the business support system and further improve the business climate,” 2021, presidential Resolution No. PQ-5087 (also cited as PP- 5087), adopted April 21, 2021, effective April 22, 2021, Tashkent, Uzbekistan, National Database of Legislation of the Republic of Uzbekistan.

[6] INNO “Buyuk Kelajak”, “Development strategies of the republic of uzbekistan until 2035: Strategy for the long-term development of uzbekistan,” 2019.

[7] I. A. Navruzov, “The importance of investment attractiveness and the role of foreign direct investors in the growth of the country’s economy,” Texas Journal of Multidisciplinary Studies, vol. 25, pp. 22–26, 2023.

[8] N. K. Ruzibaeva and M. S. k. Khotamkulova, “Free economic zones in the republic of uzbekistan and ways to attract investment in them,” Academy of Entrepreneurship Journal, vol. 28, no. 3, pp. 1–7, 2022.

[9] Organisation for Economic Co-operation and Development, “Insights on the business climate in uzbekistan,” OECD Publishing, Paris, France, Tech. Rep., 2023.

[10] Ministry of Investments and Foreign Trade of the Republic of Uzbekistan, “Investment guide uzbekistan,” Investment Promotion Agency of Uzbekistan, Tashkent, Uzbekistan, Tech. Rep., 2022.

[11] Republic of Uzbekistan, “Tashkent international investment forum: History of creation and significance for the implementation of uzbekistan’s investment policy,” Government information report, Tashkent, Uzbekistan, 2023.

[12] Institute for Economics and Peace, “Safety perceptions index 2023: Understanding the impacts of risk around the world,” Institute for Economics and Peace and Lloyd’s Register Foundation, Sydney, Australia, Tech. Rep., 2023.

[13] Republic of Uzbekistan, “Law on guarantees and measures for protecting the rights of foreign investors,” legal act cited as reference 13 in the source article.

Cite This Article

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format_quote
Sayyorabonu, Eshonkulova. "Assessment of the Current State of Investment Attractiveness of Uzbekistan." American Journal of Business and Operations Research, vol. Volume 12, no. Issue 1, 2025, pp. 43–48. DOI: https://doi.org/10.54216/AJBOR.120106
Sayyorabonu, E. (2025). Assessment of the Current State of Investment Attractiveness of Uzbekistan. American Journal of Business and Operations Research, Volume 12(Issue 1), 43–48. DOI: https://doi.org/10.54216/AJBOR.120106
Sayyorabonu, Eshonkulova. "Assessment of the Current State of Investment Attractiveness of Uzbekistan." American Journal of Business and Operations Research Volume 12, no. Issue 1 (2025): 43–48. DOI: https://doi.org/10.54216/AJBOR.120106
Sayyorabonu, E. (2025) 'Assessment of the Current State of Investment Attractiveness of Uzbekistan', American Journal of Business and Operations Research, Volume 12(Issue 1), pp. 43–48. DOI: https://doi.org/10.54216/AJBOR.120106
Sayyorabonu E. Assessment of the Current State of Investment Attractiveness of Uzbekistan. American Journal of Business and Operations Research. 2025;Volume 12(Issue 1):43–48. DOI: https://doi.org/10.54216/AJBOR.120106
E. Sayyorabonu, "Assessment of the Current State of Investment Attractiveness of Uzbekistan," American Journal of Business and Operations Research, vol. Volume 12, no. Issue 1, pp. 43–48, 2025. DOI: https://doi.org/10.54216/AJBOR.120106
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