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Uzbekistan proposes annual SCO Invest forum to boost regional business cooperation

Central Asia is positioning itself as the next frontier for international business expansion, with Uzbekistan taking the lead in creating unprecedented opportunities for cross-border investment and industrial collaboration. During the recent SCO Plus format meeting, President Shavkat Mirziyoyev unveiled an ambitious roadmap that could reshape the economic landscape across one of the world’s most resource-rich regions.

A new investment platform emerges

The centerpiece of Uzbekistan’s vision is the proposed SCO Invest annual investment forum, designed to serve as a dynamic business dialogue platform bringing together all interested partners from Shanghai Cooperation Organization member states and beyond. Mirziyoyev announced Uzbekistan’s readiness to host the inaugural forum in 2026, marking a significant step toward creating a structured framework for regional economic integration.

“For launching an effective platform for business dialogue with the involvement of all interested partners, we propose to annually hold the SCO Invest investment forum. We are ready to hold the first forum next year in Uzbekistan,” Mirziyoyev stated during his address.

This initiative addresses critical market barriers that have long hindered seamless business operations across the region. The forum aims to consolidate efforts for eliminating trade barriers, harmonizing standards, and stimulating industrial cooperation and innovation — key factors that international manufacturers and traders have been seeking in emerging markets.

Transport revolution connecting continents

Beyond investment facilitation, Uzbekistan is spearheading a transportation revolution that promises to unlock new logistics possibilities for international businesses. The ongoing China-Kyrgyzstan-Uzbekistan railway project represents more than just infrastructure development — it’s a gateway to creating an integrated transport network spanning the entire SCO space.

“Of particular importance is the ongoing project for the construction of the China-Kyrgyzstan-Uzbekistan railway. In the future, connecting this route with the Trans-Afghan corridor will contribute to the formation of a unified transport network in the SCO space,” the president emphasized.

This transportation network holds transformative potential for manufacturers seeking efficient routes to global markets, particularly those in construction materials, furniture components, and industrial goods that require reliable and cost-effective logistics solutions.

Innovation hubs to drive technological advancement

Recognizing the massive scientific and technical potential within SCO countries, Mirziyoyev proposed establishing a network of SCO innovation-technology hubs focused on generating new ideas and facilitating technology transfer. These hubs would concentrate on breakthrough areas including artificial intelligence, big data, robotics, bioengineering, and alternative energy — sectors that directly impact modern manufacturing and construction industries.

The innovation network concept reflects Uzbekistan’s broader strategy to position the region as a competitive destination for technology-intensive industries, offering international partners access to emerging technologies and skilled workforce capabilities that could significantly reduce operational costs while maintaining quality standards.

Cultural heritage as business opportunity

The president also introduced the Cultural Dialogue of the Great Silk Road initiative and extended invitations to SCO delegations for the UNESCO General Conference in Samarkand, scheduled from October 30 to November 13. This cultural dimension adds another layer to the business ecosystem, potentially creating opportunities in tourism infrastructure, hospitality development, and cultural tourism-related manufacturing.

These initiatives build on Uzbekistan’s growing reputation as an investment destination, demonstrated by the success of the recent Tashkent International Investment Forum in June 2025, which attracted over 8,000 participants including 3,000 international delegates from nearly 100 countries. The forum showcased more than 90 leading domestic companies across sectors including construction, machinery, and industrial manufacturing.

For international companies in furniture manufacturing, construction materials, interior design, and architectural services, these developments signal unprecedented opportunities to enter and expand within Central Asian markets. The proposed SCO Invest forum would provide structured access to regional partners, while the enhanced transport connectivity promises reduced logistics costs and improved market reach. The innovation hubs could facilitate technology partnerships and joint ventures, particularly valuable for companies seeking to leverage the region’s skilled workforce and emerging digital capabilities. Combined with Uzbekistan’s demonstrated commitment to international cooperation and investment facilitation, these initiatives position the country as a strategic gateway for businesses looking to establish a presence in the rapidly growing Central Asian economic corridor.

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