Publication Details
Abstract
The agrarian sector remains a cornerstone of Uzbekistan's economy, contributing approximately 19-25% to GDP and employing around 26% of the workforce. Despite recent reforms, including the elimination of production quotas and liberalization policies, attracting sufficient domestic and foreign investment remains challenging due to land tenure insecurity, limited access to finance, water scarcity, and bureaucratic hurdles. This paper proposes an improved methodology for investment attraction, emphasizing strengthened land rights, targeted incentives, public-private partnerships, digital platforms for investor matchmaking, and climate-resilient practices. Drawing on the Agriculture Development Strategy 2020-2030, the proposed approach could increase FDI inflows to agriculture, enhance productivity by 20-30%, and support sustainable economic growth of at least 5% annually in the sector. The methodology integrates global best practices with Uzbekistan-specific reforms to foster inclusive, market-oriented investment.