Tashkent attracted $4.3 billion in foreign direct investment and loans during the first half of 2026, reinforcing its position as Uzbekistan’s leading destination for investment as the capital continued to outpace the national economy.
Investment inflows between January and June were 1.5 times higher than during the same period last year, according to the Tashkent city administration.
Tashkent recorded the fastest economic growth of any region in Uzbekistan during the first half of the year. The city’s gross regional product (GRP) reached 226 trillion soums (about $18.76 billion), growing by 13.3% — well above the projected 11.2%. Meanwhile, Uzbekistan’s national economy expanded by 8.5% over the same period.
Industrial production totalled 109.6 trillion soums (approximately $9.1 billion), up 8% year on year and meeting the government’s target.
The capital launched 249 investment projects during the first half of the year, with new production facilities worth $657.5 million already commissioned.
The projects created 9,800 new jobs, supporting employment and expanding the city’s industrial base.
Exports by Tashkent-based companies also posted strong growth, reaching $1.55 billion, a 43% increase compared with the first half of 2025.
Officials said 77 projects were implemented under Uzbekistan’s localisation programme during the reporting period.
The projects generated 4.9 trillion soums (roughly $406.6 million) worth of goods, exceeding the planned target by 48%. Exports of locally produced goods reached $121.6 million.
The city administration said the localisation initiatives are helping to expand import-substituting production, strengthen cooperation between domestic enterprises, create new jobs and support the development of Tashkent’s economic infrastructure.
The New Tashkent development project, including the construction of a new satellite city and the planned relocation of government ministries, is expected to increase demand for both commercial and residential property.
Authorities are also developing an International Financial Centre, which is expected to operate under English common law, feature an independent judicial system and offer 50-year tax incentives, providing greater legal certainty for international investors.
In addition, businesses operating in the Tashkent Special Economic Zone benefit from preferential tax and customs regimes designed to attract manufacturing, logistics and innovation-focused companies.
The latest investment figures build on momentum generated by the recent Tashkent International Investment Forum 2026, now in its fifth edition. The forum concluded with 166 agreements worth a record $43.1 billion.
Officials say these measures, combined with sustained economic growth and rising investment inflows, are strengthening Tashkent’s position as one of Central Asia’s leading investment destinations.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of July, covering the latest developments you need to know.
President Donald Trump said the United States will target Iran’s heavily fortified Pickaxe Mountain site “pretty soon” as he meets with Lebanese president Michel Aoun. Meanwhile, U.S. forces carried out a 10th consecutive night of strikes on Iran while Tehran continues to target Gulf countries.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site. Tehran warns that any attack could trigger a wider regional escalation.
Türkiye's parliament has approved a two-year extension of the country's military deployment in Somalia, reinforcing deepening security ties between Ankara and Mogadishu as the Horn of Africa nation continues to battle terrorism, piracy and other security threats.
Georgia's fuel imports from Belarus surged by 3,469% in the first half of 2026 as Russia's export bans disrupted regional supplies, highlighting a rapid shift in the country's fuel market.
Pakistan stepped up its economic engagement with the U.S. during Finance Minister Muhammad Aurangzeb's visit to Washington this week, holding talks on investment, development finance and access to international capital markets as Islamabad seeks to broaden its economic partnerships.
Azerbaijani President Ilham Aliyev and German President Frank-Walter Steinmeier have discussed regional developments, transport connectivity, energy cooperation and the Azerbaijan-Armenia peace process during talks in Berlin.
Kazakhstan’s main oil export route has been disrupted after the Caspian Pipeline Consortium (CPC) suspended crude intake following drone attacks on tankers near its Black Sea terminal.
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