The capital of the Turkic Investment Fund, established within the framework of the Organization of Turkic States with Uzbekistan’s participation, will be increased to $600 million. This aims to expand financing for small and medium-sized businesses, as well as infrastructure and trade projects in the region.
The fund was established in 2023 and began operations in 2024. Each of the five founding countries — Azerbaijan, Turkey, Kazakhstan, Kyrgyzstan, and Uzbekistan — initially contributed $100 million. The fund’s headquarters is located in Istanbul.
The fund focuses on financing infrastructure, trade, and entrepreneurial projects in the Turkic region. The capital increase will provide additional opportunities to support micro, small, and medium-sized enterprises, stimulate trade, and enhance economic cooperation among OTS countries, according to the official statement.
The forum discussions centered on investment prospects, strengthening economic ties, and business development in the region.
Uzbekistan proposed holding an OTS Women Entrepreneurs Forum in Karakalpakstan in May 2025, which is expected to be another step toward enhancing economic cooperation in the region.
Source: gazeta.uz
