Turkey no. 2 country setting up firms in Uzbekistan

By Bahtiyar Abdukerimov</p> <p>TASHKENT (AA) – In 2018, Turkey was number two among countries that founded the most companies in Uzbekistan, said official data for the Central Asian country.</p> <p>Turkey established 364 companies in Uzbekistan in 2018, said Uzbekistan’s statistics authority on Tuesday, second only to Russia, with 428.</p> <p>China came in third with 351 companies, followed by Kazakhstan with 246 and South Korea with 161.</p> <p>There are now over 7,500 firms in Uzbekistan formed by foreign capital.</p> <p>Last year 2,385 foreign-capital companies were founded in this country, most of them in the capital Tashkent and the Samarkand and Khorezm regions.</p> <p>They largely do business in the industry, trade, construction, and building materials sectors.</p> <p> </p> <p>