Uzbekistan sees growth in foreign-invested companies, led by China and Russia

The number of companies with Chinese participation in Uzbekistan continues to grow at a rapid pace, according to data from the National Statistics Committee.

As of March 1, the country had 15,503 foreign-invested firms, marking an increase of 340 compared to the previous month. These include 4,011 joint ventures and 11,492 companies fully owned by foreign investors.

China remains the leading investor country, with 3,576 firms, reflecting an increase of 109 from February.

Russia holds the second position with 3,016 joint ventures and subsidiaries, adding 43 new companies last month. Türkiye ranks third with 1,899 firms, showing a growth of 30.

Kazakh investors are also expanding their presence, now holding 1,082 enterprises, up by 22 in a month. Meanwhile, South Korean businesses demonstrated a more modest increase, reaching 662 companies, just two more than in February.

The UAE follows with 347 enterprises, Tajikistan with 329, and India with 316. The number of U.S.-backed companies grew by four, totaling 307, while Kyrgyzstan rounds out the top ten with 303 enterprises.