For the first time, Uzbekistan has publicly disclosed the estimated value of its strategic mineral resources. Speaking at an international investment forum in Tashkent, President Shavkat Mirziyoyev stated that the country’s subsurface resources contain gold, copper, uranium, tungsten, and rare metals worth an estimated $3 trillion.
The president emphasized that this resource potential should begin contributing to economic growth immediately. To achieve this, Uzbekistan is preparing a series of practical measures aimed at increasing geological transparency and attracting investment capital.
The first step is the launch of an open digital geological database. Foreign companies will be able to access information on prospective mineral prospects in real time and make investment decisions based on transparent and reliable data. The second measure involves a fourfold increase in the number of mineral deposits offered through auctions, significantly expanding opportunities for investors to enter the mining sector.
However, the country is not focusing solely on resource extraction. Uzbekistan aims to build a complete domestic value chain. A central role will be played by the “Metals of the Future” technology parks in Tashkent and Samarkand. These industrial hubs are expected to support advanced mineral processing and the production of high-value-added products. The government plans to attract substantial foreign investment to support these initiatives.
At the same time, the republic is offering international partners access to an additional $30 billion worth of projects. These opportunities span six strategic sectors: mechanical engineering, light industry, robotics, electrical engineering, pharmaceuticals, and construction materials manufacturing. The goal is to diversify the economy and reduce dependence on raw-material exports.
Uzbekistan is transforming its geological potential into a comprehensive investment proposition. Transparent geological data, expanded licensing auctions, and ready-made industrial platforms for downstream processing create conditions in which investors see not just a mineral deposit, but the entire value chain—from ore extraction to finished products.
Source: @Press_Secretary_Uz
Image: @Press_Secretary_Uz
