BAKU, Azerbaijan, August 31. Uzbekistan had
20,973 enterprises with foreign investment operating in the country
as of August 1, 2026, highlighting the growing role of
international capital across trade, industry, construction and
services.


This was reflected in the data by the Uzbekistan's National
Statistics Committee.


Trade accounted for the largest share of foreign-invested
enterprises, with 7,450 companies, followed by industry with 4,098
and construction with 1,732. The information and communications
sector ranked next with 1,764 enterprises, reflecting the expanding
presence of foreign capital in Uzbekistan's digital economy.


Other major sectors included accommodation and food services
with 920 enterprises, transportation and storage with 646, and
agriculture, forestry and fisheries with 532. Healthcare and social
services accounted for 241 enterprises, while 3,590 companies
operated across other areas of the economy.


Trend's
calculations show that trade and industrial enterprises together
accounted for 11,548 companies, or about 55% of all
foreign-invested enterprises in Uzbekistan. Trade alone represented
approximately 35.5%, while industry accounted for about 19.5%.


The figures indicate that foreign investment remains
concentrated in sectors directly linked to Uzbekistan's expanding
consumer market and industrial base. The large number of
foreign-invested trading companies points to strong foreign
participation in the country's distribution and retail economy,
while the substantial industrial presence suggests that
international investors are also increasingly targeting production
activities.







In Trend's assessment, the presence of 4,098 foreign-invested
industrial enterprises is particularly significant because
investment in manufacturing and other industrial activities can
generate longer-term economic benefits through technology transfer,
job creation and integration into international supply chains.


Trend's analysis also shows growing diversification beyond
traditional trade and industry. The 1,764 enterprises in
information and communications represent about 8.4% of the total,
while construction accounts for another 8.3%. Together, these
sectors point to foreign investors' growing interest in
Uzbekistan's infrastructure development and digital
transformation.


At the same time, the relatively small number of
foreign-invested enterprises in healthcare and social services —
241, or about 1.1% of the total — suggests that some sectors still
have significant potential to attract international capital.
Agriculture, transport and hospitality also remain comparatively
smaller segments of the foreign-invested business base.


Overall, the data point to a broadening foreign-investment
footprint in Uzbekistan, although trade and industry continue to
dominate. The growing presence of foreign enterprises in
technology, construction, transport and services suggests that
Uzbekistan's investment landscape is gradually expanding beyond
commerce toward sectors that can support industrial modernization
and longer-term economic growth.