Uzbekistan's Ambassador to the Kyrgyz Republic Saidikram Niyazkhodjayev reported on $52 million in project financing at the regional industrial development forum in Bishkek. According to him, bilateral trade between Uzbekistan and Kyrgyzstan exceeded $1.2 billion in 2025.
Key results of cooperation and investment plans
Over the past ten years, the volume of mutual trade has grown more than sevenfold. There are currently 486 enterprises with mutual capital participation operating in the two countries.
Among the completed projects are two in the textile industry and the construction of small hydropower plants. The fund is currently overseeing 26 projects covering areas such as transport and logistics, the textile industry, construction materials production, urban and rural infrastructure, and the financial sector.
Plan for the coming years
Following the business forum "Kyrgyzstan — Uzbekistan: Industrial Cooperation, Investment and Trade," held on July 28 in Bishkek, an agreement on an action plan for 2026–2028 was signed. The document was concluded by the Ministry of Investment, Industry and Trade of Uzbekistan and the National Investment Agency under the President of the Kyrgyz Republic.
The plan provides for the implementation of 52 joint investment projects with a total value of $540 million. Ambassador Niyazkhodjayev noted that promising areas for Uzbek-Kyrgyz cooperation are the joint production of auto components and electrical products.
Prospects for the fund's development
In addition, the possibility of increasing the main development fund to $200 million is being discussed, and a corresponding package of documents is being prepared.
- Joint production of auto components
- Electrical products
Context
The action plan for 2026–2028 was signed by the Ministry of Investment, Industry and Trade of Uzbekistan and the National Investment Agency under the President of the Kyrgyz Republic.
