According to the results of the first half of 2026, Tashkent, the capital of Uzbekistan, demonstrated the highest rates of economic growth among all regions of the country. This success was achieved through attracting a record volume of foreign investment, significant export growth, and the creation of about ten thousand new jobs.
Economic Indicators of the Capital
According to information provided by the city administration's press service, Tashkent's gross territorial product reached 226 trillion soums. This exceeds the figure for the same period last year by 13.3%, allowing the capital to surpass the projected figure of 11.2% and secure its leadership position in the republic.
Industrial and Investment Dynamics
The industrial sector also showed a positive trend: the volume of produced goods amounted to 109.6 trillion soums, which is 8% more than the previous year. However, the main driver of growth was investment. In the first six months, $4.3 billion in foreign investment and loans were brought into Tashkent's economy, which is one and a half times the volume of the previous year.
Project Implementation Results
Thanks to the funds received, 249 investment projects were launched in the capital. New production facilities with a total value of $657.5 million were commissioned under these projects, contributing to the creation of 9.8 thousand jobs. Additionally, exports from Tashkent enterprises exceeded $1.5 billion over six months, which is 43% more than the previous year.
Localization and Development Prospects
The localization program is actively promoted, within which 77 projects with a production volume of 4.9 trillion soums have been implemented, which is 48% higher than planned. Such initiatives help reduce imports, making products more affordable, and also strengthen cooperation between enterprises. The Hokimiyat considers the creation of jobs, the launch of modern production, the improvement of the population's living standards, and the development of the capital's industrial potential as key achievements.
It should be noted that World Bank analysts believe that due to reforms being carried out in logistics, tourism, and pharmaceuticals, Uzbekistan is capable of attracting between $5.2 and $6.4 billion in private investment and providing employment for over 300 thousand people.