The Government of Uzbekistan has adopted many initiatives to improve the business environment, including the policy, legal and institutional framework affecting the attraction of investment and the development of entrepreneurship. Geared at increasing the value added of production, including through high-technology activities, these measures aim at supporting the achievement of the country’s development objectives and the Sustainable Development Goals. Conducted at the request of the Government of Uzbekistan, this Report analyzes the foreign direct investment trends in recent years, and assesses the progress made to strengthen the investment environment. It also highlights additional actions to support the country’s objectives and foster sustainable development.