Investors to invest $566 mln in Navoi

Since the beginning of the year, $643 mln has been invested in the Navoi region. Photo: Uzbekistan travel

At a government meeting focused on the development of the Navoi region, Uzbek President Shavkat Mirziyoyev was informed that investors are ready to invest $566 mln in the development of eight local mineral deposits.

According to officials, investors are particularly interested in deposits located in Uchkuduk, Navbahor, and other districts. These investments are expected to boost industrial output by 2.5 trillion Uzbek soums and increase exports by $100 mln.

In addition, authorities plan to establish an industrial granite processing zone in the Nurata district, where granite reserves are estimated at 750 mln cubic meters.

Beyond the mining sector, the region also aims to stimulate traditional crafts. Plans were announced to open embroidery centers in 28 mahallas across Nurata district, preserving cultural heritage while creating local jobs.

A broader project portfolio worth 1.6 trillion soums has been formed for the region, which could provide employment for 10,000 people and add 1 trillion soums to the national budget.

In the first half of 2025 alone, Navoi attracted $643 mln in investments and generated $635 mln in exports, with $550 mln worth of new production capacities launched during that period.

As previously reported by Kursiv Uzbekistan, the country exported a total of 130,600 tonnes of watermelons between January and June 2025.