Uzbekistan, situated at the center of Central Asia, has become a nation experiencing an extraordinary change. In the last ten years, it has pursued bold efforts in governance, economic transformation, environmental sustainability, and education, establishing itself as a noteworthy presence in the region. Led by President Shavkat Mirziyoyev, Uzbekistan’s growth plan has set a benchmark for harmonizing economic advancement with social and environmental objectives.
Uzbekistan, located in the heart of Central Asia, has emerged as a country undergoing a remarkable transformation. Over the past decade, this nation has implemented ambitious initiatives in governance, economic reform, environmental sustainability, and education, earning its place as a rising star in the region. Spearheaded by President Shavkat Mirziyoyev, Uzbekistan’s development strategy has become a model for balancing economic growth with social and environmental priorities.
A strong economy and global acknowledgment
Uzbekistan’s economic expansion has been truly remarkable. In 2024, the nation’s GDP exceeded €120 billion, representing a key point in its economic journey. Exports surpassed €24 billion, and gold reserves along with foreign exchange assets hit €38 billion, ensuring a solid base for sustained growth.
A major factor in this growth has been the country’s welcoming stance towards foreign investment. At the Third International Investment Forum in Tashkent, agreements worth €25.5 billion were secured, showcasing Uzbekistan’s attractiveness to international investors. The government has also prioritized infrastructure improvements and energy initiatives, generating 1.5 million new jobs and bolstering connections with significant global economies such as the United States and China. Furthermore, Uzbekistan’s active negotiations to become a member of the World Trade Organization (WTO) demonstrate its dedication to becoming part of the global market.
A key driver of this growth has been the country’s openness to foreign investment. The Third International Investment Forum, held in Tashkent, saw contracts worth €25.5 billion signed, highlighting Uzbekistan’s appeal to global investors. The government has also focused on infrastructure development and energy projects, creating 1.5 million new jobs and strengthening ties with major global economies like the United States and China. Additionally, Uzbekistan’s ongoing negotiations to join the World Trade Organization (WTO) reflect its commitment to integrating into the global economy.
Uzbekistan’s progress in environmental sustainability has received global commendation. In the last five years, the nation has initiated 16 significant solar and wind power facilities, adding 3,500 megawatts of renewable energy to its network. Consequently, the proportion of green energy in Uzbekistan’s energy portfolio increased to 16% in 2024, with an aim of achieving 40% by 2030.
Uzbekistan’s strides in environmental sustainability have garnered international praise. Over the past five years, the country has commissioned 16 large-scale solar and wind power plants, contributing 3,500 megawatts of renewable energy to its grid. As a result, the share of green energy in Uzbekistan’s energy mix rose to 16% in 2024, with a goal of reaching 40% by 2030.
Effective water management
Efficient water management
Social advancement and reform
Uzbekistan has focused on the well-being of its citizens as the cornerstone for national advancement. In 2024, the government broadened social support programs to aid 2.2 million families, including those with disabilities. Job creation efforts, advanced prosthetic services, and the creation of INSON social service centers in collaboration with the World Bank illustrate the nation’s commitment to enhancing the lives of its most vulnerable communities.
Safeguarding cultural heritage
Uzbekistan’s abundant culture has become a central aspect of its national identity. Under President Mirziyoyev’s guidance, the conservation and promotion of the nation’s heritage have been elevated to a matter of state policy. Significant events, like the international exhibition “Uzbekistan: Avant-Garde in the Desert” in Italy and the “Silk Roads” exhibit at the British Museum, have brought the country’s historical treasures to the attention of an international audience. These efforts not only emphasize Uzbekistan’s cultural importance but also enhance its emerging status as a center for art and history.
Uzbekistan’s cultural richness has become a focal point of its national identity. Under President Mirziyoyev’s leadership, the preservation and promotion of the country’s heritage have been elevated to state policy. Major events, such as the international exhibition “Uzbekistan: Avant-Garde in the Desert” in Italy and the “Silk Roads” exhibit at the British Museum, have showcased the nation’s historical treasures to a global audience. These initiatives not only highlight Uzbekistan’s cultural significance but also contribute to its growing reputation as a hub for art and history.
Youth and athletic accomplishments
Uzbekistan’s young people have been instrumental in propelling the country’s advancement. Young business owners represent almost a quarter of the nation’s entrepreneurial sector, with numerous farmers and artisans adding to its economic strength.
Uzbekistan’s youth have played a pivotal role in driving the nation’s progress. Young entrepreneurs make up nearly a quarter of the country’s business sector, with thousands of farmers and craftspeople contributing to its economic vitality.
Technological advancement and education
Technology has become a vital part of Uzbekistan’s forward-looking development. The Digital Uzbekistan – 2030 initiative has quickened the nation’s technological progress, with IT exports creating €326 million in revenue in 2024. More than 1,000 startups now operate in tech parks, showcasing the country’s vibrant technology landscape. The complete digitalization of elections via the E-Saylov system has also established a new standard for transparency in democratic activities.
Educational reforms have bolstered Uzbekistan’s groundwork for sustainable growth. University enrollment increased from 9% in 2016 to 42% in 2023, with an aim to achieve 50% by 2030. Government expenditure on education rose to €4.5 billion in 2023, facilitating the creation of international university branches and scholarships that have enhanced access to quality learning. Specialized programs in artificial intelligence, data science, and blockchain are equipping students for the challenges of a competitive global market.
A beacon of advancement
Uzbekistan’s evolution in the last ten years stands as proof of the impact of forward-thinking leadership and methodical planning. From economic expansion and environmental conservation to social reform and cultural preservation, the nation has achieved notable progress in all areas of development.
Uzbekistan’s transformation over the past decade serves as a testament to the power of visionary leadership and strategic planning. From economic growth and environmental sustainability to social reform and cultural preservation, the country has made significant strides in every aspect of development.
With its ambitious Strategy 2030 guiding the way, Uzbekistan is not only achieving remarkable success but also setting an example for other nations in the region. As it continues on this path, the country stands as a beacon of hope and progress in Central Asia, inspiring optimism for a brighter future.
