Attitude from Brussels: Uzbekistan is a promising market opening a wide range of new opportunities for investors

June 23, 2026. 15:00 • 3 min

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Attitude from Brussels: Uzbekistan is a promising market opening a wide range of new opportunities for investors

BRUSSELS, June 23 /Dunyo IA/. Jean De Brabander, Oxford Business Group Consultant and Honorary Consul of Malta in Belgium, shared his insights with Dunyo IA regarding the 5th Tashkent International Investment Forum, held in the capital of Uzbekistan on June 16–18:

- In my view, the Tashkent International Investment Forum serves as an exceptionally effective mechanism for implementing Uzbekistan's economic and trade policies, transforming strategic state initiatives into concrete, tangible economic outcomes.

Uzbekistan stands out as one of the most compelling investment platforms today. I would describe Uzbekistan as a promising market that unlocks a broad spectrum of new opportunities for investors. In my view, confidence in the nation's future rests on three key pillars.

First is the sustained high rate of economic growth. Over the past few years, Uzbekistan's economy has consistently expanded by 6–7 percent annually, an impressive feat under current global conditions.

Second is the consistent implementation of reforms over the last decade. These measures are designed to forge an open, market-oriented development model that is fully integrated into the global economy.

Third, the nation's primary asset is its people. Uzbekistan boasts a population of over 38 million, with roughly 70 percent of its citizens under the age of 30. This young, energetic, and talented demographic profile generates immense potential for sustained growth, positioning Uzbekistan to become the largest economy in Central Asia.

It is crucial to continue improving the legal system, accelerating the modernization and industrialization of the economy, and actively attracting foreign direct investment. However, in my opinion, the most critical focus remains investment in human capital namely in education, professional development, and creating opportunities for young people within the country. This will unlock the full potential of the new generation and ensure the long-term prosperity of the state.

The forum is steadily consolidating its international standing, establishing itself as a pivotal platform for business cooperation across the region. I understand that in 2025, the event drew over 8,000 participants from more than 100 countries, culminating in the signing of investment contracts and trade agreements valued at 30.5 billion US dollars. This impressive outcome clearly demonstrates the international business community's growing confidence in Uzbekistan and its economic prospects. I look forward to the opportunity to participate in the Tashkent International Investment Forum once again in 2027.

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Author of the material

Maftuna Rajabbayeva

maftuna@dunyo.info

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