The key facts
- Plans were commissioned for 2027 to attract $65 billion in foreign investment broken down by sector and region
- 2–3 major international investors are planned to be attracted to each promising sector
- For comparison: $43.1 billion was attracted in 2025, and $44.3 billion in investment and loans in January–September 2026
Assignment following the budget meeting
On 13 November, President Shavkat Mirziyoyev held a meeting devoted to state budget targets, macroeconomic forecasts and budget and tax policy priorities for 2027. Following the meeting, he instructed that plans be drawn up for 2027 to attract $65 billion in foreign investment broken down by sector and region — the Spot outlet reported, citing the press service of the head of state.
A new growth model and industrial policy
The meeting noted the need to ensure annual economic growth of at least 7% in order to sustainably finance social obligations. To this end, starting in 2027 the tasks set include moving to a new growth model, creating high value added in every sector, raising labour productivity, expanding export potential and increasing the number of high-income jobs.
The foundation of the new growth model should be a modern industrial policy: a shift to high value-added products, the attraction of advanced technologies, and the integration of local enterprises into international
The foundation of the new growth model should be a modern industrial policy: a shift to high value-added products, the attraction of advanced technologies, the integration of local enterprises into international supply chains and the diversification of exports. Strategies for accelerated development are being drawn up for the chemical and petrochemical industries, machine building, electrical engineering, textiles and pharmaceuticals. In 2027, 2–3 major investors representing international companies and well-known brands are expected to be attracted to each promising sector; plans call for deepening production localization and creating modern industrial zones.
Special attention is being given to new areas: semiconductor technology, robotics, biotechnology, high-tech components and batteries for electric transport. Mechanisms are provided for this
Special attention is being given to new areas: semiconductor technology, robotics, biotechnology, high-tech components and batteries for electric transport. For this purpose, mechanisms are envisaged for attracting foreign brands, supporting research and development, and supporting competitive local producers.
Structural reforms and financing growth
Among the priorities for 2027 are the transformation of state-owned companies and banks, accelerating privatization, improving energy and transport infrastructure, developing human capital and completing WTO accession. State investment is to be directed towards creating conditions for private capital and increasing its economic efficiency. New mechanisms for financing growth were also considered: expanding the participation of private capital in the banking system, using public-private partnerships in investment projects and intensifying cooperation with international financial institutions.
Context in figures
Gazeta.uz provides comparative data: in 2025 Uzbekistan attracted $43.1 billion in foreign investment, and in January–September 2026 $44.3 billion in investment and loans was utilized, while for all of 2026 the plan was to bring the volume of attraction to $53 billion. Thus, the 2027 target represents a noticeable increase over the current year. Spot previously also reported a separate assignment to attract $5 billion in investment to Karakalpakstan in 2027.
