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About the fund

About the National Investment Fund of the Republic of Uzbekistan

The National Investment Fund of the Republic of Uzbekistan (“UzNIF”) was established through the Decree of the President of the Republic of Uzbekistan on 27 August 2024. UzNIF owns strategic stakes ranging from 25% to 40% in some of the country's most important State-Owned Enterprises (“SOEs”). The Fund's primary goal is to drive long-term sustainable economic growth and development for the benefit of the people of Uzbekistan.

 

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About the portfolio

The 15 SOEs valued at approximately USD 1.93 billion will undergo significant efficiency and profitability improvements, guided by OECD governance standards and ESG principles, to attract international investment and modernise Uzbekistan’s economy.

 

USD 1.93 billion

Valuation

2024

Year established

15

Number of portfolio companies

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