The Ministry of Investment, Industry and Trade and Russia's Wildberries signed an investment agreement on Oct. 6 to build a Class A logistics complex in the country, the ministry's press service told TASS.
The agreement was signed at the close of the third plenary session of the Council of Provinces of Uzbekistan and Russia in Fergana. The event drew leaders and representatives of all of Uzbekistan's provinces, delegates from 17 Russian provinces and nearly 400 business owners.
It was one of four agreements signed at the session. The others cover cooperation between Fergana and Omsk provinces, Surkhandarya province and Krasnoyarsk Territory, and Namangan province and the Republic of Dagestan.
"As a practical outcome, four agreements were signed," the ministry said in a statement. It did not give the value or location of the new complex.
The deal follows Ukrainian drone strikes on Wildberries warehouses in Russia that began on July 18. The outlet Verstka estimated that the damaged storage area exceeded 1.5 million square meters, about 27% of the company's total warehouse capacity.
After the strikes, the company began looking for space abroad. Kommersant reported on July 29 that Wildberries' parent, RWB Group, had begun searching for warehouses in Kazakhstan. The Moscow Times reported on Aug. 4 that sellers were told long-term stock would be redirected to Kazakhstan, Uzbekistan and Belarus. The company said it was focused on redistributing goods among its warehouses and building facilities as scheduled.
Ukraine says it targeted Wildberries over its alleged role in supplying the Russian military, a claim the company denies.
Wildberries had earlier announced plans to build a $140 million, 180,000-square-meter logistics complex in Tashkent province in 2027-2028.
Stay up to date with all the latest news: