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Gulf investments are increasingly heading towards Uzbekistan, particularly in the energy sector, where the value of investments exceeds $15 billion. These investments mainly focus on solar energy projects, wind power, and green hydrogen. This move is part of broad economic reforms and the country's efforts to shift by 2030 from being primarily a gas exporter to a supplier of clean electricity, leveraging over 300 sunny days annually to boost solar energy projects. These investments contribute to the development of the national electricity grid and support economic growth, which was 7.7% in 2025 and is projected to reach 8.1% in 2026, alongside improved credit ratings and weaker gas reserves.
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