Uzbekistan: International Capital Opens New Horizons

Uzbekistan: International Capital Opens New Horizons

Uzbekistan: International Capital Opens New Horizons

10/21/2026

Having spent more than 35 years in finance, including over 27 years developing Ansher Group of Companies, I have witnessed Uzbekistans capital market evolve from its earliest foundations into an increasingly accessible destination for international investors.

Today, the transformation is accelerating.

In 2025, Uzbekistan attracted $43.1 billion in utilized foreign investment and loans. International investors are acquiring stakes in Uzbek banks and private companies, financing major infrastructure and industrial projects, and participating in international bond offerings.
Recent developments — including the international listing of the Uzbekistan National Investment Fund (UzNIF), growing access through global custodians, and the expansion of local and international debt markets — demonstrate how rapidly the countrys investment landscape is changing.

We believe Uzbekistan is entering a new chapter of investment opportunities.

Together with our international partners, we are developing a European investment platform designed to provide professional investors with access to Uzbekistans public equities, private companies, bonds, real estate, and emerging Islamic finance opportunities.
I invite international investors, financial institutions, family offices, and Uzbek companies seeking foreign capital to read my latest article and explore the opportunities ahead.
I would welcome your comments and the opportunity to connect with those interested in Uzbekistans evolving investment market.

Anvar Rasulev

 

 

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