125 Projects valued at $26 billion to be Carried Out in the Tashkent Region

Between 2024 and 2026, 125 projects with a combined value of $26 billion are set to be executed in the Tashkent region. This update was presented to Uzbek President Shavkat Mirziyoyev during a recent briefing.

The ongoing projects in Uzbekistan are diverse and promising. There are 125 projects, comprising 21 strategic, 52 sectoral, and 52 regional initiatives, which are anticipated to generate approximately 42,000 job opportunities.

Notably, the President was presented with 11 significant projects valued at $3.4 billion, featuring investments from various countries such as China, South Korea, Turkey, Saudi Arabia, Russia, Azerbaijan and local entrepreneurs. These projects are set to create around 23,000 job opportunities across industries such as textiles, food, medicine, electrical engineering, energy, building and construction.

An excellent example of international collaboration is the joint project with Chinese investors to establish the Great Silk Road Industrial Technopark in Almalyk. This initiative is expected to implement numerous projects amounting to $1 billion and provide employment for approximately 3,000 individuals.

In the Zangiata region, in partnership with South Korean investors, a production facility specialising in medical products for treating liver, joint, eye and brain diseases will be established, offering employment to 200 people.

Kursiv Uzbekistan also reports that the economy of the Tashkent region has grown by 25% within six months, indicating promising economic progress.