Headhunting in the autocratically governed Republic of Uzbekistan is like setting out on a journey into unchartered territory. Because in hardly any other country in the world can the dynamics of economical and political change be so clearly felt as in Uzbekistan.
The central Asian country of Uzbekistan is home to around 33 million inhabitants and populated by 100 different peoples, most of whom, however, belong to the Muslim faith community. Uzbekistan is also demographically very young - around 40% of the total population are under 18 years of age.
Following the cold war and the proclamation of independence, a constitutional basis was established in a short period of time, which has only been implemented, however, with considerable deficits. Up until the death of its president, Islom Karimov, in 2016, the country was governed by political autocracy and in economic isolation. This “iron grip” still gives rise to a significant migration of Uzbeks to Kazakhstan, Russia and Turkey.
For this reason, the present acting president, Shavkat Mirziyoyev, has been working intensively since his assumption of office on a number of constitutional and economic policy reforms, in order to open the country up to global trade as swiftly as possible and to make it attractive again to its own young population as well as foreign investors.
For a number of years now the economy - both industry and agriculture - has grown by five to ten per cent a year. A “five-year plan” is disintegrating the strongly regulated economic system of the previous government, so that in 2018 alone 2,400 new companies were registered with foreign capital share - among others, a leading US car manufacturer. According to the World Bank, Uzbekistan is among the top ten most active reform states in the world. Overseas companies concluded contracts to a value of 58 billion US dollars in 2018 alone - the implementation of just a third of these contracts would give an enormous boost to the Uzbek economy.
For all the euphoria, it must be pointed out, however, that many reforms are still in their incipiency and it has not been possible, in part, to implement them consistently. Numerous public institutions lack decisiveness, so that progress with new projects is often sluggish. Thus the challenges to Uzbekistan’s seamless liberalisation, privatisation and market liberalisation are still considerable, but it’s always worthwhile taking a closer look at the potential of this country.
Remel Executive Search is your headhunter that has the pioneering spirit of Uzbekistan firmly in its view, and can therefore support you in executive search and headhunting for management positions.
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