President Mirziyoyev unveils $26 billion development projects in Tashkent region

Tashkent region is set to launch 125 investment projects worth a total of $26 billion by 2026, according to plans unveiled to President Shavkat Mirziyoyev. The large-scale initiatives aim to boost the region’s economic development and create tens of thousands of jobs.

Photo: Presidential press service

As detailed on the President’s official website, the majority of the investments, amounting to $20.36 billion, will come from foreign sources. These include 91 projects involving partners from China, South Korea, Turkey, Saudi Arabia, Russia, Azerbaijan, and local Uzbek entrepreneurs. Additionally, 28 domestic projects will receive $4.5 billion in investments.

The investment projects are expected to generate 42,000 new jobs across the region. One of the key highlights is the creation of the "Great Silk Road" industrial technopark in Almalyk in collaboration with Chinese investors. The technopark will house over 100 projects valued at $1 billion and will employ around 3,000 people. Once fully operational, it is projected to produce goods worth 5 trillion soums annually and could generate export revenue of up to $300 million.

In Zangiata district, South Korean partners will help establish a pharmaceutical manufacturing facility specializing in treatments for liver, joint, eye, and brain diseases. This initiative is expected to employ 200 people.

President Mirziyoyev also announced the launch of nine additional projects totaling $2 billion, marking another significant step toward the region's development.