Uzbekistan: An ideal destination for investment opportunities
The Peninsula
Doha, Qatar: Uzbekistan the land that s positioned in the geographic heart with the largest population center of Central Asia is a setting example o...
Doha, Qatar: Uzbekistan - the land that’s positioned in the geographic heart with the largest population center of Central Asia is a setting example of embracing investment opportunities across industries including tourism, banking, manufacturing, and industrial development.
The country borders Kazakhstan to the north and northeast, Kyrgyzstan and Tajikistan to the southeast, Turkmenistan to the West, and Afghanistan to the south. The total length of the country’s borders is 7090km. It is also located at the center of the Great Silk Road and has been known since ancient times as an intersection for caravan routes crossing Asia, Europe, and Africa.
With a history of statehood spanning more than 3000 years, Uzbekistan has long been one of the world’s most developed centers of commerce, science, culture, and art. The Republic of Uzbekistan declared independence in 1991.
The country has a diverse economy with an estimated $69.2bn GDP nominal value as of 2021 and a GDP growth of 7.4 percent. The GDP per capita growth stands at $1,983 as of 2021 and the main industries include textiles, food processing, machine building, construction materials, metallurgy, mining, hydrocarbon extraction, and chemicals. The key agricultural products in the country are milk, wheat, and vegetables among others.
The country’s exports in the year 2021 reach $16.6bn with 10 percent annual growth. Some of the key exports in the government’s data include copper, steel, gold, natural gas, agriculture products, cotton fibers, textiles, and building materials.
