Uzbekistan Experiences Increase in French-Owned Enterprises


Tashkent: There are currently 54 enterprises operating in Uzbekistan with French capital, including 19 joint ventures and 35 companies with 100 percent French ownership, a source at the Ministry of Investments, Industry, and Trade of Uzbekistan told Trend.

According to Trend News Agency, French enterprises persistently exhibit robust engagement in Uzbekistan, recognizing it as an emerging market characterized by escalating potential. Discussions are currently underway to enhance collaborations in key areas such as renewable energy, infrastructural frameworks, transport logistics, agribusiness and processing methodologies, pharmaceuticals, and digital innovations.

As articulated by the ministry’s spokesperson, the strategic focus for future capital allocations includes sustainable energy initiatives and high-value-added manufacturing ventures. This aligns with Uzbekistan’s long-term developmental goals and the strategic objectives of French enterprises. The number of French enterprises within these sectors i
s expected to grow significantly in the coming years.