Karakalpakstan 2035: Uzbekistan’s new investment frontier?

Saida Mirziyoyeva, Assistant to the President of Uzbekistan, took part in the IV Tashkent International Investment Forum, where she announced the development of a comprehensive strategy for Karakalpakstan through to 2035 and invited investors to contribute to the region’s growth.

Photo: Telegram/Saida Mirziyoyeva

“The development of Karakalpakstan, strengthening its regional economy, and improving the quality of life for every resident of this challenging yet extraordinarily beautiful territory is one of our country's top priorities,” Mirziyoyeva stated.

Speaking at a session during the forum, she emphasized that over the past year, extensive negotiations had taken place, concrete programs were launched, and the necessary funding was allocated for their implementation.

“In collaboration with the Boston Consulting Group, we have developed a long-term strategy for the development of Karakalpakstan until 2035,” she added.

According to Mirziyoyeva, investments in Karakalpakstan should lead to the creation of new jobs, support for local entrepreneurs, and brighter prospects for the youth.

“I invite investors to visit the region, see its enormous potential with their own eyes, and evaluate the wide range of opportunities it offers!” she wrote.