Tashkent Region and Acwa Discuss New Investment Projects in Uzbekistan

A delegation from the Tashkent region, led by Deputy Governor Zhakhongir Mamajonov, held a series of meetings with representatives of Russian regions and business circles in Fergana. These negotiations took place within the framework of the Third Council of Regions of Uzbekistan and Russia.

As a result of these meetings, agreements were reached regarding the development of industrial cooperation, investment ties, and joint projects.

Discussion of Cooperation with Dagestan

In discussions with representatives of the Republic of Dagestan, the parties discussed potential for interaction in the fields of mechanical engineering, electrical engineering, as well as processing fruits, vegetables, and grain crops. Furthermore, cooperation in the textile industry, glass packaging production, logistics, and tourism was discussed. After the meeting, the Tashkent region and Dagestan signed a memorandum of understanding.

Agreements with Omsk Oblast and Bashkortostan

With representatives of Omsk Oblast, industrial partnership, supplies of petrochemical products and automotive tires, as well as the use of experience in creating special economic zones and building logistics centers, were discussed. Special attention was paid to increasing the production of meat and dairy products. With Bashkortostan, the parties agreed to strengthen cooperation in the chemical industry, mechanical engineering, production of building materials, and agricultural product processing. It was also decided to hold regular B2B meetings and business forums, as well as develop a roadmap for increasing bilateral trade.

Investment Projects in Tashkent

During the visit, G2B format meetings were held with Russian companies. Participants reviewed investment initiatives for establishing joint ventures in the Tashkent region, developing cooperation in mechanical engineering and textiles, as well as supplying agricultural machinery and spare parts. Projects for the production of glass packaging and the construction of modern industrial greenhouse complexes were also discussed. The goal of all negotiations was the further development of trade, economic, and investment ties between the Tashkent region and the regions of Russia, as well as the expansion of industrial interaction and the launch of new joint initiatives.

The Ministry of Investment, Industry and Trade of Uzbekistan reported that Uzbekistan and the United Arab Emirates held discussions on expanding cooperation and implementing investment projects during meetings held in Abu Dhabi.

The Minister of Investment, Industry and Trade of Uzbekistan, Laziz Kudratov, participated in the Investopia Bridge 2026 forum and the UAE-Uzbekistan business round table titled 'Connecting Capital with Opportunities' on October 7 in Abu Dhabi.

During these events, the parties discussed opportunities to deepen interaction in several priority areas. These include energy, digital infrastructure and artificial intelligence, the financial sector, chemical industry, agriculture, tourism, transport and logistics, as well as development.

As part of his visit, Kudratov held a series of bilateral meetings with the UAE Minister of Economy and Tourism, Abdullah bin Tuk Al Marri, the Minister of Investment, Mohammed Hassan Al Suwaidi, and the Minister of Foreign Trade, Tani bin Ahmed Al Zeyoudi.

The head of the Ministry of Investment, Industry and Trade also spoke with leaders of major companies from the UAE. The parties reviewed prospects for further strengthening business ties and implementing planned projects.

Following the completion of the visit, further guidance was established for promoting projects involving state institutions, investment funds, and business representatives from Uzbekistan and the UAE.

The Minister of Investment and Foreign Trade of Uzbekistan, Laziz Kudratov, held talks with the advisor to the Prime Minister of Japan, Uno Yoshimasa, on October 5. The parties discussed the further development of strategic partnership between the two states.

Particular attention was paid to the implementation of agreements reached during the high-level visit in December 2025. Furthermore, the meeting participants reviewed opportunities to expand industrial cooperation and organize the production of high value-added goods.

In 2025, trade turnover between Uzbekistan and Japan amounted to approximately 400 million US dollars. Since the beginning of 2026, bilateral trade turnover has increased by 11%, reaching 228.8 million US dollars.

The portfolio of joint projects with Japanese partners exceeds 12 billion US dollars. Currently, 144 enterprises with Japanese capital are operating in Uzbekistan.

A separate part of the negotiations was dedicated to implementing major projects in the fields of energy, transport, and infrastructure. The Japanese side also proposed strengthening cooperation within the framework of the 'Free and Open Indo-Pacific' concept. This initiative aims to strengthen resilience, support economic development, and expand regional connectivity.