A new study projects that the population of Uzbekistan will rise to 44 million by 2100, with Central Asia identified as one of the few regions in the world that will register significant population growth in the coming decades.
All tagged Uzbekistan
COVID-19 heats up the new Great Game in Central Asia
After recently rolling out its Central Asia strategy, the United States’ resolve to play against other great powers in a new Great Game faces its first major test in COVID-19.
SUEZ wins EUR 142m contract to modernize Tashkent water system
French water and waste management giant SUEZ has signed its first contract in Uzbekistan—a “flagship” EUR 142 million agreement with the Municipality of Tashkent and the Uzbek Ministry of Housing and Communal Services.
Facebook project seeks to integrate and democratize Central Asia’s art market
A new art community that launched on Facebook in mid-April brings together over 100 artists from Kazakhstan and Kyrgyzstan, but also Uzbekistan, Turkmenistan and Russia.
Global investors cite optimism for Uzbekistan post COVID-19
A poll conducted during a recent Eurasian Investor webinar revealed an optimistic outlook for the Uzbek economy post COVID-19. Of the 123 respondents, 77 percent believed that Uzbekistan will be “more attractive” as a destination for foreign investors when “compared with other frontier and emerging markets.”
Facing COVID-19 crunch, Uzbekistan seeks end to cotton boycott
The government of Uzbekistan has called for the lifting of a decade-long boycott of Uzbek cotton, citing recent progress in human rights reforms and also the economic crisis caused by the COVID-19 global pandemic.
The boycott on Uzbek cotton needs to end
Human rights campaigners have now arrived at a crossroads, and must decide if an end to the long-running cotton boycott is justified in order to consolidate the development of a fairer and more just Uzbek economy.
Uzbekistan transitions wheat industry to market rules from 2021
The government in Uzbekistan has said it will from 2021 begin reducing the volumes of wheat it purchases through its state order system as it embarks on a gradual transition to market rules in its agricultural sector.
Uzbekistan sustains poverty by blocking internal migration
Uzbeks are far less likely than people from similarly sized countries to move to a city. That hurts the economy and, indirectly, tears families apart.
Uzbek supermarket chain bags $40 million EBRD investment
Uzbekistan’s leading supermarket chain has received preliminary approval for a $40 million dollar investment from the European Bank for Reconstruction and Development (EBRD), the largest such equity investment by EBRD in an Uzbek private sector enterprise.
An overlooked IPO points to the future of Uzbekistan's capital markets
The cultivation of Uzbekistan’s domestic investor base—not the attraction of foreign financiers—is the real imperative of the country’s forthcoming capital markets strategy.
Uzbekistan’s Minister of Finance, Jamshid Kuchkarov, confirmed Thursday that the Uzbek government plans to follow its successful February debut Eurobond with a second offering next year.
Uzbekistan attempting difficult move away from state-led growth
Uzbekistan’s economic growth is picking up. However, the government has yet to wean itself off of a state-led growth model that complicates market reforms.
Uzbekistan targets tripling of stock exchange market cap by 2025
Uzbekistan’s Capital Markets Development Agency will soon launch an ambitious new strategy, intended to facilitate the public offering of ten state-owned enterprises with a combined value of $13 billion.
Uzbekistan to overhaul energy sector in bid for efficiency, investment
A new five-year strategic plan launched by President Shavkat Mirziyoyev in July calls for Uzbekistan to overhaul its inefficient and monopolistic energy sector.
Who wins in China’s great Central Asia spending spree?
As China funds infrastructure developments in Central Asia as part of the Belt and Road Initiative, trade with China has increased in step—at least for the region’s richest countries.
Uzbekistan’s trade with neighbors rises sharply
As the the only Central Asian republic bordering all the others, Uzbekistan’s trade liberalization will boost the economy of the whole region.
EBRD Backs Launch of Khan Academy in Uzbekistan
With the launch of Khan Academy O’zbek, the world’s leading free online education platform is now available to Uzbekistan’s 9 million primary and secondary school students.
Retail revolution comes to Uzbekistan
Shopping in the traditional bozors, or markets, will continue to be the dominant retail experience in Uzbekistan for years to come. But for an emerging middle class, shopping malls like Compass show the way to a newly affluent lifestyle.
In fast-growing Uzbekistan, political power travels by railroad
A new railroad compact and the designation of a special economic zone in Uzbekistan reflect the central government’s attempts to balance economic liberalization with the maintenance of political networks.