Economic transformation is spreading, centered on eastern Uzbekistan, along with efforts to reduce dependence on Russia and strengthen logistics and industrial hubs. The potential impact on Japanese companies is attracting attention.
Uzbekistan is seeking to reduce its dependence on labor migration to Russia and transform itself into one of Central Asia's leading logistics and industrial hubs. Economic restructuring is expected to progress mainly in the eastern region, potentially affecting Japanese companies' local operations and supply chains.
The article indicates that reducing dependence on Russia is intended to promote economic diversification, job creation and industrial development. No specific plans or timetable were provided, with the current focus on the direction of the transformation and the expectations surrounding it.
Although no direct investment guidance concerning Japanese companies was provided, efforts to strengthen logistics hubs could affect local market conditions and may warrant consideration of supply-chain restructuring and changes to local partnerships.