Foreign business presence in Uzbekistan nearly doubles in five years

According to the National Statistics Committee, as of 1 February 2026, a total of 18,513 enterprises with foreign investment were active in Uzbekistan. Of these, 4,282 operate as joint ventures, while 14,231 are fully foreign-owned companies.

Over the past five years, the total number of enterprises with foreign capital has increased 1.9 times. During the same period, the share of fully foreign-owned companies in the overall structure rose significantly, from 55.1% to 76.9%, indicating a marked shift toward greater direct foreign ownership in the country’s business landscape.

Top 10 countries by number of enterprises

The largest number of foreign-invested enterprises in Uzbekistan originates from the following countries:

1. China — 5,218 enterprises
2. Russia — 3,190 enterprises
3. Turkey — 2,149 enterprises
4. Kazakhstan — 1,221 enterprises
5. South Korea — 699 enterprises
6. Afghanistan — 647 enterprises
7. United Arab Emirates — 413 enterprises
8. Tajikistan — 410 enterprises
9. India — 394 enterprises
10. Azerbaijan — 368 enterprises