Economic reform and innovation: Uzbekistan’s success story
Uzbekistan, situated at the core of Central Asia, has become a nation experiencing an impressive transformation. In the last ten years, it has embarked on bold plans in governance, economic reform, environmental conservation, and education, establishing its reputation as a notable player in the area. Under the leadership of President Shavkat Mirziyoyev, the country’s approach to development serves as an example of harmonizing economic advancement with social and ecological priorities.
Leading this transformation is the ambitious Strategy 2030 of the country. This all-encompassing plan is built on five key pillars: ecological sustainability, governmental reform, societal advancement, national security, and innovation geared towards the future. Through this strategy, Uzbekistan is paving the way for sustainable development, tackling long-standing issues while establishing a strong presence in the global arena.
A strong economy and global acknowledgment
A robust economy and international recognition
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.
Promoting environmental transformation
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.
The country’s Yashilmakon (“Greenhouse”) initiative has driven substantial environmental enhancements. Over 138 million trees have been planted, and the development of green belts covering 10,000 hectares has reshaped both urban and rural areas. In addition, 257 new parks have been created, and programs like My Garden, which offered land to 10,000 residents, have not only enhanced environmental quality but also encouraged local entrepreneurship. These actions are a component of a larger plan to address desertification, a vital issue for the area.
Effective water management
Uzbekistan has been grappling with water scarcity for a long time, with more than 50 billion cubic meters used each year. In 2024, the adoption of advanced water-saving technologies enabled the nation to enhance irrigation efficiency over 1.8 million hectares of agricultural land. This advancement highlights Uzbekistan’s dedication to effective water management, a crucial part of its enduring agricultural and environmental plans.
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
Preserving cultural heritage
In August 2024, the cities of Tashkent and Samarkand were the venues for the Eighth International Congress focused on Uzbekistan’s cultural heritage. The event, held in collaboration with the Center for Islamic Civilization, highlighted the nation’s dedication to safeguarding its historical roots while welcoming contemporary advancement.
Youth and sports 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.
The nation’s triumphs in sports have also sparked national pride. During the Paris 2024 Olympics, Uzbekistan’s athletes achieved their best results ever, securing 13 medals, including eight golds. The Uzbek boxing team topped the medal charts with five gold medals, showcasing the effectiveness of long-term investment in sports facilities and youth programs.
Technological advancement and education
Digital innovation and education
Technology has become a cornerstone of Uzbekistan’s future-focused development. The Digital Uzbekistan – 2030 program has accelerated the country’s technological advancements, with IT exports generating €326 million in revenue in 2024. Over 1,000 startups are now housed in IT parks, reflecting the country’s thriving tech ecosystem. The full digitalization of elections through the E-Saylov system has also set a new benchmark for transparency in democratic processes.
Education reforms have further strengthened Uzbekistan’s foundation for long-term growth. University enrollment rates have surged from 9% in 2016 to 42% in 2023, with a goal of reaching 50% by 2030. Government spending on education reached €4.5 billion in 2023, enabling the establishment of international university branches and scholarships that have improved access to quality education. Specialized courses in artificial intelligence, data science, and blockchain are preparing students for the demands of a competitive global economy.
A shining example of progress
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.