Uzbekistan National Investment Fund debuts on London Stock Exchange

The event is widely seen as a turning point in Uzbekistan’s financial history. It underscores growing global confidence in the country and validates the economic reforms driven by President Shavkat Mirziyoyev. High-profile participation from leading international financial corporations indicates that global markets view Uzbekistan as a reliable and promising partner, ready to support foreign investment, corporate governance, and modern transparency standards in local enterprises.

Saida Mirziyoyeva, Head of the Presidential Administration, and Obid Khakimov, Deputy Advisor to the President on Economic Policy, are attending the ceremony in London.

The listing follows an earlier announcement that a 31% stake in the National Investment Fund was sold for $603.6 million.

Established in 1801, the London Stock Exchange is a cornerstone of the global financial market and operates as part of the London Stock Exchange Group (LSEG). The total market capitalization of companies traded on the LSE exceeds $3–4 trillion, with more than 2,000 firms from over 60 countries listed on the platform.

UzNIF was established under a presidential decree dated August 27, 2024. The global investment firm Franklin Templeton serves as its trustee manager.

The fund’s extensive portfolio includes major state enterprises and utilities, such as Regional Electrical Networks, Thermal Power Plants, Uzbekhydroenergo, Uzbektelecom, Uzbekistan Airways, Temiryulinfratuzilma, Hududgazta'minot, Toshshahartransxizmat, National Electric Grid of Uzbekistan, Uzbekistan Commodity Exchange, Uzbekinvest, Uzsuvtaminot, and Uzsanoatqurilishbank.