Tourism is a major socio-economic phenomenon and its impact reaches across the entire national infrastructure system. This sphere is based on a high level of transport development and social services, which ultimately makes it a highly profitable sector of the economy. Uzbekistan has a huge potential for further tourism development due to its rich cultural and historical heritage as well as natural resources.

    The first International Investment Forum in Tourism Sphere will be held in Tashkent on November 19-21, 2018 with the purpose of expanding international cooperation in the field of tourism development, attracting direct investments, and promoting the country's tourism potential among investors and tourists.

    The organizers of the First International Investment Forum in Tourism Sphere are the State Committee of the Republic of Uzbekistan for Tourism Development, the State Committee for Investments, the Ministry of Foreign Affairs of the Republic of Uzbekistan and Uzbekistan Embassies abroad, and the Ministry for Foreign Trade and the Chamber of Commerce and Industry of Uzbekistan.

    The Forum is expected to bring together investors from Europe and Asia, representatives of international financial institutions, foreign investors, international tourism organizations, leading tourism companies, experts and specialists in this field, and heads of major domestic and foreign companies.

    Hotels and restaurants, museums, insurance companies, transport and logistics enterprises, as well as cultural and entertainment establishments will present their services at the Forum.

    The Forum includes:

  • providing information about the country's tourism potential, implemented reforms, including benefits and preferences provided to business entities;
  • familiarization with major investment projects in the tourism industry, including information on “Charvak” free tourism zone, “Samarkand city” and “Kadimiy Bukhoro” tourist zones, as well as small tourist zones in Surkhandarya region;
  • organizing a visit to the regions of high tourism development potential where forum participants will get familiarized with projects on the creation of tourist infrastructure facilities;
  • creating a platform for discussing issues of further development of the tourism industry, establishing cooperation with actors of tourism industry, foreign investors and international organizations;
  • achieving specific results, agreements and contracts on project implementation with forum participants.

    An Organizational Committee for the preparation and holding of the first International Investment Forum in Tourism Sphere has been established to implement measures to achieve high-quality organization of the Forum.

    In addition, regional organizing committees have been established under the personal guidance of the Chairman of the Council of Ministers of the Republic of Karakalpakstan, governors of the regions and Tashkent city. Tourism projects prepared for “turnkey” investors will be presented and a list of projects offered to foreign investors will be formed.