The key facts
- Andijan region is negotiating with Oppenheimer & Co. on issuing eurobonds worth $300 million through Andijon Invest Kompaniyasi.
- In September 2025, Oppenheimer stated its readiness to participate in financing three regional projects worth $1.2 billion.
- The projects include 'New Andijan' ($1 billion), a textile industrial zone ($180 million), and an artificial lake in Khanabad ($20 million).
Negotiations on Eurobond Issuance
A delegation from Andijan region held a meeting with representatives of the American investment bank Oppenheimer & Co., at which they discussed raising $300 million from international capital markets. The funds are planned to be raised through a eurobond issuance by Andijon Invest Kompaniyasi, the press service of the regional khokimiyat reported.
Topics of Discussion and Goals of the Initiative
At the meeting, the parties discussed the presentation of the bonds to international investors, mechanisms for raising funds, and the effective use of financial instruments. According to the press service, the initiative is aimed at expanding the region's investment opportunities, strengthening ties with international financial markets, and attracting additional resources to finance promising projects. The participants also discussed further steps to implement the project.
Previous Agreements with Oppenheimer
In September 2025, Oppenheimer stated its readiness to participate in financing three major projects in Andijan region with a total value of $1.2 billion. Among them are a textile industrial zone worth $180 million, an artificial lake in Khanabad worth $20 million, and the urban development project 'New Andijan' valued at $1 billion.
Context of the 'New Andijan' Project
In April 2025, the president proposed naming 'New Andijan' after Babur. To implement the city's development plans, a special program with funding of 250 million was envisaged. It was also previously reported that Uzbekistan and the United States signed 54 agreements worth $12 billion.
