At the Tashkent International Investment Forum, President Shavkat Mirziyoyev announced that Uzbekistan holds mineral reserves valued at an estimated $3 trillion, underscoring the country’s vast potential in high-tech metals. Speaking to a global audience, the President called on international investors to engage in full-cycle mineral processing and manufacturing, offering state support for ventures that start from geological exploration.
Among the incentives, Mirziyoyev promised a ten-year refund of rent taxes for companies that develop end-to-end production capabilities. He also emphasized that Central Asia could become a regional hub for mineral raw material processing, with construction already underway on technoparks in the Tashkent and Samarkand regions focused on rare and rare earth metals.
Previously, the Uzbek government reported the discovery of over 30 rare and critical minerals across its territory, including lithium, vanadium, germanium, and titanium. A national development strategy published in March outlines 76 mineral projects worth a combined $2.6 billion.
