Uzbekistan attracts $5.32 billion in foreign direct investment despite second quarter stagnation

According to data from the Central Bank, the volume of foreign direct investment (FDI) increased 2.5 times in the first half of this year.

From January to June, the volume of decentralized investments in Uzbekistan's economy increased by 38.7%, which contributed to an overall investment growth of 32.7%.

In the first half of the year, $5.32 billion in FDI was attracted. However, in the second quarter, the volume of investments began to stagnate.

Compared to the same period last year, the ratio of FDI to GDP doubled from 6% to 12%.

At a meeting with the president dedicated to the economic tasks for the second half of 2024, the total volume of investments in the first half of the year was reported at $18.2 billion, of which $15.5 billion were foreign investments.