Contracts totaling $26.6 billion were signed at the Tashkent International Investment Forum, the state authorities stated. Planned projects include new infrastructure in Tashkent, a data center, power plants, and modernization of heat supply systems in Nukus, Fergana, Quvasoy, and other places.
EBRD loaned Uzbekistan up to $238 million to reconstruct the road Urgench — Khonqa — Hazorasp — Toshsoqa — Amudaryo — A380 highway in Khorezm region, and build a bridge over the Amudaryo river. Following the reconstruction, the one-lane road will be expanded into a two-lane highway.
President of Uzbekistan encouraged foreign investors to participate in projects for the joint construction of hydroelectric power plants in neighboring Kyrgyzstan and Tajikistan, as well as the China-Kyrgyzstan-Uzbekistan and Uzbekistan-Afghanistan-Pakistan railroads.
President of Uzbekistan highlighted the nation’s wealth of over 30 rare-earth metals to investors, noting ongoing negotiations for critical raw materials cooperation with the United States and the United Kingdom.
President Shavkat Mirziyoyev outlined plans to strengthen investor rights protection in Uzbekistan, including adopting a revised law “On Investments” aligned with WTO standards, establishing International Commercial Court, and doubling land lease terms for foreign investors.
III Tashkent International Investment Forum is scheduled for 2−3 May. Nearly 2,500 people from 84 countries are expected to participate: government officials, corporate leaders, representatives of the UN, EBRD, OPEC, and SCO. President of Uzbekistan reviewed the preparations.
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