The Government of Uzbekistan announced in 2026 5 the establishment of a $2 billion Foreign Direct Investment (FDI) Special Fund to attract foreign capital into priority sectors. I. Fund Size and Sources With a total size of $10 billion, the fund is jointly funded by the Ministry of Finance, the Central Bank, and the Sovereign Wealth Fund of Uzbekistan, with disbursements scheduled over three years. II. Investment Focus The fund prioritizes FDI projects in the following areas: 1. Manufacturing: Textiles, food processing, and machinery manufacturing 2. Digital Economy: Software development, e-commerce, and digital services 3. Green Energy: Solar power, wind energy, and energy storage technologies 4. Modern Agriculture: Agro-processing and agricultural technology 5. Infrastructure: Logistics, transportation, and communications III. Support Mechanisms The fund provides support for eligible FDI projects through: - Equity Investment: Up to 30% project ownership - Loan Guarantees: Credit guarantees for project financing - Risk Compensation: Coverage of partial investment risks IV. Incentives In addition to fund support, foreign enterprises may also benefit from: - Corporate Income Tax Exemption: Full exemption for the first 5 years, followed by a 50% reduction for the next 5 years - Land Incentives: 50% reduction in industrial land lease fees - Simplified Approval: Access to "one-stop" service centers