The Tashkent City Mayor’s office has announced the securing of investment and export agreements valued at over $3.5 billion following the III Uzbek-Chinese Inter-Provinces Forum held in Xi'an.
Reportedly, investment projects account for $3.35 billion of the total figure, while the remaining $156 million is designated for export contracts.
With the active participation of the office, a series of agreements were signed to modernize urban infrastructure, transit networks, public spaces, parking solutions, as well as environmental and civil engineering projects.
The office placed particular emphasis on the structural model chosen to execute these initiatives. Financing will be entirely secured by Chinese partners under the EPC+F (Engineering, Procurement, Construction + Finance) framework, completely bypassing the use of state budget funds or government guarantees. Instead, repayments are structured to be made in phases over the long term, funded directly by new revenue streams generated for the city budget.
Key infrastructure initiatives outlined under the finalized agreements include:
- $400 million for the expansion and overhaul of drainage collectors, irrigation networks, and stormwater management systems;
- $100 million for the development of modern, vibrant 24/7 commercial and entertainment lifestyle streets;
- $500 million for the construction of multi-story residential complexes within designated urban renewal and renovation zones.
In addition, plans include a $1 billion project to develop Bus Rapid Transit (BRT) lines, overpasses, and road infrastructure utilizing the EPC+F model, alongside another $1 billion in joint investment initiatives for expanding transport and social infrastructure.
The industrial portfolio features a $150 million project for decorative stone production, a $50 million venture for "smart" waste-sorting equipment, and a $150 million initiative for manufacturing ceramic products.
Special emphasis was placed on the development of the "Yangi Avlod" (New Generation) Special Industrial Zone. Following meetings with Chinese technological and industrial giants—including Jwise, Zhongke Honghu, CAS Cloud, and UMGG—investment cooperation agreements totaling $130 million were finalized. These pacts aim to modernize the zone’s manufacturing, technological, and business infrastructure, deploy state-of-the-art solutions in production management, and scale up high-tech projects across Tashkent.
Export agreements were also signed during the forum. These include three contracts for the supply of jewelry valued at $150 million, cotton yarn exports worth $5 million, and the delivery of silver concentrate totaling $1 million.
The Mayor’s Office emphasized that the execution of these projects will generate new jobs, accelerate the modernization of municipal infrastructure, and enhance the overall comfort and safety of the urban environment. Furthermore, the initiatives are expected to boost the capital's export potential and broaden the adoption of advanced technological and eco-friendly solutions.
Previously, the Mayor’s Office and the China Railway Construction Corporation discussed projects to develop the capital’s transit infrastructure. These talks covered the construction of a 100-kilometer toll ring road and a new toll highway connecting the city center directly to the upcoming international airport.
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