Number of companies with foreign capital in Uzbekistan increased manifold

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The number of companies with foreign capital in Uzbekistan increased by more than 2.5 times as of July 1, 2024, compared to the end of 2017. This is the result of comprehensive efforts to attract foreign investment, reports Daryo.uz.

According to a LinkedIn post by Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan, the largest growth is observed in the information and communication technology (ICT) sector, where the increase amounted to 7.6 times, thanks to additional conditions created by the political will of President Mirziyoyev.

As a result, the share of companies with foreign capital in ICT grew from 2% to 9.5%, the highest among all other sectors in the country.

Additionally, the share of ICT companies in the total number of companies with foreign capital increased from 2.3% in 2017 to 6.9%.

CentralasianLIGHT.org

July 22, 2024