Tashkent’s investment forum adds a U.S. business track
The fifth Tashkent International Investment Forum opens on the back of 7.7% growth, record foreign investment and a new international financial centre built on common-law principles.
Uzbekistan arrives at the fifth Tashkent International Investment Forum (TIIF 2026), held June 16–19 under the theme Investment Resilience: New Frontiers, New Partnerships, with some of the strongest numbers in the region.
The numbers behind the pitch
In 2025, Uzbekistan’s GDP grew 7.7% to more than $147 billion, the fastest pace since 2021. Foreign direct investment rose 46.9% to around $42 billion, roughly ten times the $4 billion a year the country attracted in 2017. Exports climbed 24% to $33.8 billion, and international reserves passed $77 billion. Rating agencies have lifted the sovereign rating from BB– to BB, and Moody’s has moved its outlook to positive.
The previous forum drew more than 8,000 participants, including around 3,000 international delegates from 97 countries, and closed with $30.5 billion in signed investment and trade agreements.
A dedicated U.S. track
This year’s programme includes a dedicated bilateral business forum with the United States, alongside similar platforms with South Korea, Croatia, Hungary, Turkey and Albania. The agenda is built around four pillars:
- Investment resilience and capital protection
- Financial infrastructure and capital-market development
- Trade connectivity and logistics corridors
- The energy transition and climate finance
New institutions for investors
The Tashkent International Financial Centre (TIFC), created by presidential decree in March 2026, operates under common-law principles with its own financial regulation, dispute resolution and tax exemptions running to 2076. A first law on alternative investment funds is also being adopted, giving private equity and venture capital a legal framework.
In energy, Uzbekistan is targeting renewables at 54% of electricity generation by 2030. More than 4 GW of solar and wind is already installed, a further 19 GW is in the pipeline, and public-private partnership agreements worth around $28 billion have been signed.
What it means for CASA clients
The common-law financial centre is the development most relevant to American investors: familiar legal principles and independent dispute resolution address two of the most common concerns about investing in the region. Together with a large renewables pipeline and a growing capital market, Uzbekistan is making a credible case as a base for regional operations.