Uzbekistan

Uzbekistan in CAREC

  • Uzbekistan joined CAREC in 1997
  • As of 2016, more than $5.33 billion has been invested in transport and energy
  • 13 ongoing CAREC projects
  • 4 completed CAREC projects

Electric Train Brings Uzbekistan One Step Closer to Silk Railroad Dreams

Uzbekistan is upgrading its Soviet-era railway network, replacing old, diesel locomotives with modern electric trains. The new railway, which is one of the most advanced in Central Asia, is promoting trade, regional connectivity, and local industry. Watch video


(Photo credit: ADB)

CAREC in Uzbekistan

As one of only two double-landlocked countries in the world, Uzbekistan must ship its exports over long distances through Kazakhstan in the north and northwest, the Kyrgyz Republic and Tajikistan in the east and southeast, Turkmenistan in the southwest, and Afghanistan in the south.

The CAREC Program helps address Uzbekistan’s logistical challenges by developing regional transport corridors. These corridors enable the country to derive greater benefit from the wealth that lies under its valleys, plains, and mountain ranges—in the form of gold, copper, uranium, natural gas, and oil. Uzbekistan is also one of the world's biggest producers of cotton.

Uzbekistan is committed to upgrading its roads that are part of CAREC’s six priority corridors, and is helping Afghanistan by sharing its expertise in railway modernization. Uzbekistan is also exploring the possibility of establishing a stable regional energy grid encompassing a vast area stretching from the People's Republic of China in the east to Azerbaijan in the west, and from Kazakhstan in the north to Pakistan's warm-water ports in the south.

Key Projects

Railway Modernization Project

The Railway Modernization Project has helped transform Uzbekistan's deteriorating infrastructure into the high-speed rail network the country enjoys today. Read more

As of 2016, more than $5.33 billion has been invested in transport and energy projects in Uzbekistan through CAREC. These projects are based on the principle that better connections among CAREC countries and with global markets will be key in unlocking the region’s vast resources and human potential.

CAREC Corridor 2, Corridor 3, and Corridor 6 transit Uzbekistan. CAREC projects have upgraded the country’s already extensive rail network. This expanded transport infrastructure has made the movement of people and cargo within the country and across borders easier and less costly, thereby increasing trade and improving access to essential services and jobs.

View all Uzbekistan projects

View all projects by corridor

 

Economic Outlook

Highlights from the Asian Development Outlook 2017:
Reported growth slowed to 7.8% in 2016 from 8.0% the previous year. Inflation was marginally lower at 8.4%, and the current account recorded a small surplus. Growth is projected at 7.0% in 2017 and 7.3% in 2018, with some improvement in the current account. Currency depreciation and government spending are forecast to raise inflation to 9.5% in 2017 and 10.0% in 2018. The financial sector needs reform. Read full report

More economic and social indicators for Uzbekistan from the World Bank's World Development Indicators online.

Human Development

The United Nations Development Programme prepares reports on human development in Uzbekistan.