Bukhara Region Launches $7.8 Billion Investment Program
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UzDaily
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Bukhara Region Launches $7.8 Billion Investment Program

A program encompassing 145 investment projects with a total value of $7.8 billion, designed for the Bukhara region of Uzbekistan, was presented in Tashkent, Uzbekistan. President Shavkat Mirziyoyev participated in the ceremony during his visit to the region to launch the construction of planned industrial enterprises and commission new facilities.

According to data presented at the event, the region has attracted $9.5 billion in foreign capital over the past nine years. During this period, more than 6,000 new production capacities have been created, and 120,000 permanent jobs have been secured.

Of the 145 projects, 55, valued at $654 million, are already being commissioned, while the construction of another 90 projects, totaling $7.1 billion, is in its initial stages. These projects cover sectors such as petrochemicals, textiles, mechanical engineering, energy, mining, pharmaceuticals, digital technologies, logistics, agriculture, food processing, housing construction, and tourism.

Investors from countries including the United States of America, Canada, Germany, Japan, South Korea, Singapore, China, Vietnam, Turkey, the United Arab Emirates, Saudi Arabia, Russia, and India are participating in these projects. The Asian Development Bank, the Asian Infrastructure Investment Bank, and local entrepreneurs are also involved in the process.

This program is expected to create over 14,000 jobs, generate an annual output of 22 trillion soums, and support exports worth $510 million.

Priority on Energy Development

Energy development is a special priority. In recent years, $2 billion has been invested in the region's renewable energy sector. Wind power plants with a total capacity of 1000 MW and solar power plants with a capacity of 750 MW have been commissioned. Energy storage systems with a capacity of 63 MW have also been installed, and 601 km of high-voltage transmission lines have been built.

Construction of the 'Bosh-2' wind power plant with a capacity of 300 MW is ongoing in the Gizduvan district with the participation of ACWA. Toyota and Sinoma corporations are building wind power plants with a total capacity of 1000 MW in the Yondor and Peshku districts. Additionally, a $165 million project is planned for generating electricity from household waste in the Kagan district.

In collaboration with the German company Leman, a $150 million project is planned to ensure the reliable operation of pumping stations along the Amu-Bukhara Canal.

Development of Industry and Agriculture

In the textile industry, a production complex under the Kurt Baver brand is planned for Bukhara city with an annual capacity of 62,000 tons. A cotton-textile cluster worth $400 million is being developed in the Romitan district with the participation of Chinese investors.

As part of these initiatives, investors have also proposed the development of 9,000 hectares of land. This is expected to increase the share of high value-added products to 65% and create additional export opportunities worth $100 million.

Tourism and Infrastructure

Tourism is also recognized as a priority area. Plans for Bukhara include the creation of the Boqiy Bukhara cultural and ethnographic park, an exhibition hall, hotels, and cultural and entertainment facilities. The city is also slated to host hotels under international brands such as Indigo, Holiday Inn, and Hilton.

Mirziyoyev stated that 19 major projects totaling $3 billion are planned for implementation in Bukhara. He noted that with systematic organization of work, the city's tourism service exports could reach $5 billion.

In terms of infrastructure, authorities have been tasked with ensuring access to drinking water throughout the region within the next five years, as well as constructing sewage networks in major cities and district centers. Two projects worth $633 million have already been launched in partnership with international organizations. They are intended to improve water supply for 2 million residents, and 781,000 people will gain access to drinking water for the first time.

The program also includes seven road projects worth $565 million aimed at tripling the region's transit potential.

During the event, the president symbolically launched recently completed facilities and opened the construction of planned projects. The ceremony concluded with a meeting with foreign investors. Mirziyoyev also received reports on Bukhara's preparations for summits scheduled for 2027 and issued corresponding directives.

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Uzbekistan forms a portfolio of medical investments worth $2.7 billion
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uzdaily.uz

Uzbekistan forms a portfolio of medical investments worth $2.7 billion

President of Uzbekistan Shavkat Mirziyoyev reviewed a presentation dedicated to attracting investment in the healthcare sector, expanding private sector participation, and establishing large medical institutions.

For this purpose, a portfolio of 35 investment projects has been formed, with a total value of $2.7 billion. These projects include the construction of specialized centers and multidisciplinary hospitals, equipping medical facilities with modern equipment, and training qualified personnel.

It is planned that the construction of new and the modernization of existing medical facilities will take into account the needs of the population. Their location, capacity, and range of services must meet demand. Therefore, the presentation considered ways to involve private companies in project implementation and introduce new methods of managing medical institutions.

Among the planned facilities are the National Oncology Center, the Republican Center for Neurology and Stroke, a multidisciplinary medical center for adults in Tashkent region, new hospitals in Kashkadarya region, and a maternal and child health center in Nukus. Additionally, medical education programs are planned for Termez.

As part of public-private partnerships, Uzbekistan intends to build an 800-bed hospital in Samarkand and create a multidisciplinary medical facility in Bukhara region. The presentation detailed the practical implementation of these initiatives.

Proposals for nine potential projects with a total value of $1 billion were also presented. They are aimed at developing infrastructure for treating neurological, psychological problems and addictions, pediatric oncology and hematology, improving emergency medical care, updating the ambulance fleet, and training medical workers.

To attract investments more systematically, the government proposes developing a healthcare development strategy until 2040 based on a master plan. The first stage will include analyzing current projects to assess their relevance and feasibility. Then, projects will be selected based on regional needs, investment profiles will be developed, and a unified portfolio will be formed.

This strategy is expected to define priority areas for cooperation with private investors, international financial institutions, and donors.

The presentation also addressed the topic of increased private sector involvement in medical and auxiliary services through outsourcing. According to a new procedure that will come into force next year, medical institutions will be able to procure such services from private organizations.

The proposed approach involves concluding long-term contracts with service providers, predetermining the volume and quality requirements of services, and assessing efficiency based on clear criteria. The government aims to increase the share of outsourced services in procurement to 30% by 2030.

To enhance transparency, the introduction of an electronic system called 'Medical Outsourcing' is planned. This system will maintain a unified register of services, suppliers, and contracts, track the volume and quality of provided services, and monitor payments. The system is expected to be integrated with state procurement systems.

Another priority is attracting professional managers to leadership positions in large medical institutions. Candidates will be selected through open competitions, and their performance will be evaluated annually based on key performance indicators. This approach is planned to be introduced in five large medical institutions by 2030.

After the presentation, Mirziyoyev instructed responsible officials to continue developing the investment strategy and projects based on the master plan, as well as to accelerate the implementation of already launched initiatives.

Projects worth over $6 billion launched in Kashkadarya, including resorts and production facilities
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sputniknews.uz

Projects worth over $6 billion launched in Kashkadarya, including resorts and production facilities

During his visit to Kashkadarya, President Shavkat Mirziyoyev participated in the ceremony for launching and beginning construction of 161 project with a total value exceeding $6 billion. This was reported by the president's press service.

The head of state activated 69 projects and gave the green light to construct another 92.

One of the significant projects is a complex in the Shahrisabz district, which is being implemented with the participation of Russian investors. This project includes a ski resort, a hotel, and a road system with a total value of $300 million.

In the industrial sector, 28 enterprises have been launched, which will create about 7 thousand permanent jobs. The Italian brand Cotonella will begin producing 8.5 million units of finished knitwear annually.

In the Koson, Mirishkor, and Kasbi districts, 14 textile industry projects are starting, which are planned to provide employment for 18 thousand people.

In the agro-industrial complex, the Wosune Food Ingredients Karshi enterprise, with the participation of American partners, will process 100 thousand tons of fruits and vegetables grown on an area of 3.5 thousand hectares. It is planned to export products for international brands such as Nestle and Purina worth $40 million.

In agriculture, investors from Egypt and Pakistan have started projects for growing potatoes and livestock, occupying 24 thousand hectares of land in the Nishon and Guzor districts.

In the field of hydropower, three HPPs on the Oxus River with a total capacity of 24 MW have been commissioned. Additionally, nine micro-HPPs with a total capacity of 58 MW are planned for construction in the Kitob, Yakkabog, and Shahrisabz districts.

A project to produce electricity from waste in the Karshi district, implemented jointly with the Chinese company Shanghai SUS, is scheduled to launch by the end of the year and is valued at $150 million.

A gold mining project in the Kitob district has also begun in cooperation with Azerbaijan.

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