Turkmen Investment Backs 200 Companies in Uzbekistan

BT
Turkmen Investment Backs 200 Companies in Uzbekistan
Shavat–Dashoguz Border Trade Zone

Some 200 companies with Turkmen capital are operating in Uzbekistan, including manufacturers of facing materials, textile enterprises, furniture factories, and service providers, according to a press release from the Embassy of Uzbekistan in Turkmenistan.

Joint projects continue in the agro-industrial sector, oil refining, and packaging production.

In 2024, bilateral trade reached $1.148 billion, with Uzbekistan exporting $128 million and importing over $1 billion, mainly in fuel, lubricants, chemical products, and industrial goods.

Transport connectivity plays a key role in strengthening economic ties. Total cargo transport in 2024 reached 1.11 million tons, with transit increasing nearly 40%.

From January to October 2025, trade between Turkmenistan and Uzbekistan totaled $876.8 million.

2022