The Uzum ecosystem has announced an investment of over $500 million in the development of Uzbekistan's digital and logistics infrastructure. The company also stated plans to allocate several hundred million more dollars in the coming years for further infrastructure expansion.
According to the company, partners of Uzum Market utilize the country's largest e-commerce logistics complex. Between 2026 and 2028, Uzum intends to significantly increase its logistical capabilities in both Tashkent and the regions.
The company has already begun implementing a project to create a sorting center and a warehouse complex for oversized goods. After completing this expansion, Uzum Market plans to increase throughput capacity to 600,000 units of products daily and create 26,000 storage spaces for bulky items, including furniture, home appliances, and other goods.
In addition to the central logistics hub, the company continues to develop its regional infrastructure. Currently, partners have access to nine cross-docking warehouses located in Samarkand, Fergana, Jizzakh, Karshi, Namangan, Navoi, Bukhara, Urgench, and Termez.
Uzum emphasized that these investments in digital and logistics infrastructure are aimed at the long-term development of the country's economy, creating conditions for the growth of entrepreneurs' businesses, and expanding the residents' access to goods across the republic of Uzbekistan.
The President of Uzbekistan, Shavkat Mirziyoyev, reviewed a presentation dedicated to implementing a unified integrated digital platform for public administration, developing the startup ecosystem, and optimizing the telecommunications environment.
During the event, an initiative was presented to create its own national navigation system. It was noted that the country currently relies heavily on foreign navigation platforms. The proposed national system will allow for the generation of geospatial data based on a single standard, which will increase efficiency in the fields of transport, logistics, emergency services, urban planning, and the provision of public services.
The presentation also included plans to expand the export of IT services and support the startup ecosystem. The government aims to increase the volume of IT service exports to 5 billion US dollars by 2030, support 5 thousand active startups, and attract investments amounting to 2 billion dollars.
To accelerate industrial growth, it was proposed to launch the 'Talent Hub' program, which will allow foreign specialists and investors to remotely register a company, open a bank account, and obtain an international bank card. Furthermore, it was suggested to extend tax benefits for employees of companies registered in the IT Park until 2040, as well as expand the scope of the IT Visa and Zero Risk programs.
Additional mechanisms for supporting IT service exporters were also provided. Specifically, proposals include partial compensation for salary-related expenses, coverage of relocation costs for foreign clients and specialists, and costs associated with obtaining international certification. Among the initiatives presented were plans to launch over 20 acceleration programs in Bukhara and Fergana aimed at growing startups and entering international markets.
At the conclusion of the presentation, the President approved the submitted proposals and instructed relevant agencies to ensure the integration of public data, improve the quality of digital services, strengthen cybersecurity and personal data protection, and create more favorable conditions for the growth of the private sector in the IT industry.
According to the Central Bank of the Republic of Uzbekistan, the volume of foreign direct investments made by Uzbek residents in foreign assets reached 153.1 million US dollars by the end of the first quarter of 2026. This figure is 33 times higher than the volume recorded for the same period last year.
For comparison, in the first quarter of 2025, the volume of outgoing foreign direct investments was 4.7 million US dollars, and in 2024—3.5 million US dollars.
Concurrently, the volume of foreign direct investments received by the economy of Uzbekistan from non-residents amounted to 702 million US dollars. This amount is less than the 761.7 million US dollars attracted in the first quarter of 2025, but significantly higher than the 380.1 million US dollars registered in the first quarter of 2024.
One of the key factors contributing to the growth of outgoing investments was the liberalization of currency regulation. Since January 1, 2026, citizens of Uzbekistan are allowed to invest in American companies without limits on the amount and without needing government permission, provided that the funds are held in bank accounts in Uzbekistan. Previously, such operations exceeding 10,000 US dollars required corresponding state permission.
The next stage of currency regulation liberalization will begin on September 17, 2026, and will extend to investment operations in other foreign countries. From this date, private individuals will be able to make foreign investments up to 10,000 US dollars annually without obtaining separate permission. For legal entities without a state stake, the limit is set at up to 200,000 US dollars for forming charter capital and participating in foreign enterprises, and up to 100,000 US dollars for replenishing the working capital of branches. For legal entities with state participation, the corresponding limits are up to 100,000 US dollars and up to 50,000 US dollars, respectively.
