Over 1,000 Kazakhstan-owned companies operate in Uzbekistan

Commodity turnover between Astana and Tashkent exceeded $3.8 billion

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Uzbekistan has recorded 1.3fold increase in the number of foreign-invested, operating enterprises, Kazinform News Agency reports.

According to the Statistics Agency of Uzbekistan, China tops the list with 3,357 enterprises fully or partly invested. This is 21.8% of all companies with foreign capital in the country.

Russia occupies a special place among the countries injecting their capital into the economy of Uzbekistan with 2,937 companies. Then come Turkiye - 1,826, Kazakhstan - 1,041, and South Korea – 644.

Recall that within 11 months of 2024, Kazakhstan ranked among the Top-3 foreign trade partners of Uzbekistan. Commodity turnover between Astana and Tashkent exceeded $3.8 billion.

Photo credit: Press service of the President of Uzbekistan.

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