News about investment: events, facts and developments on tafs uz.
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The Wosune Food Ingredients Karshi plant worth $8.5 million has started operating in the Kashkadarya SEZ. The enterprise processes local fruits and vegetables into dried products for export and aims to reach annual exports of $40 million.
Javlon TursunovPresident of Uzbekistan Shavkat Mirziyoyev visited the FM World agricultural machinery plant in Karshi, part of the Chinese corporation Jiangsu World Group. The project received $20 million in foreign investment and created 200 jobs. The plant assembles five tractor models and cotton-picking machines under the Nasaf brand with a localization level of 30% and plans to increase exports to $50 million.
Javlon TursunovPresident Shavkat Mirziyoyev visited the Sulton Tex Group textile cluster in the Kashkadarya SEZ. The cluster invested $54 million in a fabric production and dyeing complex with 840 jobs. New projects worth $70 million and $17 million are planned, creating 4,790 jobs.
Javlon TursunovAt a meeting of the US-Uzbekistan Business and Investment Council, US Secretary of State Marco Rubio announced work on deploying American small modular reactors and modernizing Uzbekistan's power grids. He also named areas of cooperation: critical minerals, quantum technologies, aviation, and investment. He did not specify details of the reactor projects; earlier, Uzatom denied the State Department's report of an obligation to purchase reactors.
Javlon TursunovIn 2026, Uzbekistan's road sector plans to spend $442 million and build or reconstruct 200 km of roads. 15 projects are being implemented: 13 with the participation of international financial institutions and two based on public-private partnership. In January–September 2026, 110 km of roads were reconstructed worth $214.3 million (101% of the plan).
Javlon TursunovAt an event attended by President of Uzbekistan Shavkat Mirziyoyev and US Secretary of State Marco Rubio, head of the presidential administration Saida Mirziyoyeva said the new council should become a working mechanism rather than another committee. She noted visits by about 200 American companies to Tashkent in June and about 100 in October, and also raised the issue of repealing the Jackson–Vanik amendment.
Sevara AzamovaHead of the Presidential Administration of Uzbekistan Saida Mirziyoyeva spoke at the second meeting of the US-Uzbekistan Business and Investment Council. She reported that about 200 American companies visited Tashkent in June, and four months later another about 100 — led by Secretary of State Marco Rubio. Mirziyoyeva promised to assign a responsible person to each company and expressed hope for the early repeal of the Jackson–Vanik amendment.
Javlon TursunovOn October 19, the second meeting of the American-Uzbek Business and Investment Council was held in Samarkand. President Shavkat Mirziyoyev announced a package of 54 agreements worth about $12 billion and proposed a cooperation program through 2035. US Secretary of State Marco Rubio called Central Asia a priority for Washington, while Saida Mirziyoyeva promised businesses 'a truly functioning mechanism'.
Javlon TursunovAt the investment summit in Berlin, the German government and Nvidia agreed on a partnership in artificial intelligence, first reported by Handelsblatt: the federal government will contribute a sum in the hundreds of millions of euros. Amazon announced investments of around €16 billion in 2027. In total, according to Chancellor Friedrich Merz, the summit brought commitments worth €800 billion by 2028.
Sevara AzamovaAt the Roche Media Dialogue 2026 in Basel, company executives and researchers stated that investments in healthcare should be viewed as long-term investments rather than expenses. Estimates cited: pharmaceutical innovations accounted for about 40% of the increase in global life expectancy in 1984–2000, migraine costs Germany roughly €100 billion per year, and every dollar invested in preventing non-communicable diseases could yield $7 in returns.
Sevara AzamovaKhokim of Samarkand region Adiz Boboev and representatives of the American company Ecology Mir Group signed a memorandum of understanding on the Silk Grid data center project in the Akdarya district. The parties discussed the feasibility study, investments, financing, land allocation and infrastructure, and also agreed on a roadmap for cooperation.
Javlon TursunovAt a meeting of the US-Uzbekistan Business and Investment Council in Samarkand, US Secretary of State Marco Rubio announced the introduction of American small modular nuclear reactors and the modernization of Uzbekistan's power grid. He also named critical minerals, aviation, quantum technologies and agriculture as areas of cooperation and mentioned AKFA Group's $80 million investment in Kentucky.
Sevara AzamovaTurkey's Cengiz Holding intends to commission a 550 MW combined-cycle power plant in Uzbekistan's Jizzakh region by the end of 2026. Chairman of the board Mehmet Cengiz told President Shavkat Mirziyoyev that the holding's third project is estimated at about $800 million, while total investments have exceeded $900 million. The company is also considering a fourth and possibly a fifth project, and Mirziyoyev proposed its participation in the construction of New Tashkent.
Javlon TursunovAt the C5+1 format meetings in Samarkand with the participation of US Secretary of State Marco Rubio, diversification of critical mineral supplies and investment and technological cooperation were discussed. Uzbekistan has tungsten, molybdenum, lithium, graphite and germanium, as well as a portfolio of more than 100 projects. The Technological Metals Combine is negotiating with the American corporation DFC on financing projects worth $4.2 billion and with a number of other companies.
Javlon TursunovIn 2025, Uzbekistan received a record 11.7 million foreign tourists. In the first quarter of 2026, arrivals grew by 37%, allowing the country to enter the top five fastest-growing tourist destinations in the world. The authorities are expanding subsidies for airlines and tour operators, investing in airports and railways, simplifying the visa regime, and promoting the country in new markets, including China. The 2026–2030 strategy envisions 20 million tourists per year, tourism's contribution to GDP at 7%, and exports of
Sevara AzamovaEka Robotics, founded by MIT professor Pulkit Agrawal and former Google DeepMind researcher Tuomas Haarnoja, raised $150 million at a $1.45 billion valuation. The round was led by a16z and F-Prime. The company developed a vision-force-action model and a force-sensitive gripper that allow a robot to pick up to 1,500 objects per hour with over 95% accuracy.
Sardor QodirovAt the Invest in Germany summit in Berlin, Chancellor Friedrich Merz announced that participants in the Made for Germany initiative have pledged to invest more than €800 billion ($898 billion) by 2028. The investments will cover automation, robotics, defense, quantum computing and other sectors. Merz promised tax incentives, cheap energy and less bureaucracy, citing the IMF's growth forecast of 1.3% for 2026.
Sevara AzamovaUS Secretary of State Marco Rubio said on October 19 at the meeting of the American-Uzbek Business and Investment Council in Samarkand that the US-Uzbekistan partnership will expand, and joked that investors should buy an apartment or small housing in the country, as they will have to visit often. He noted the participation of more than 200 American business leaders, the role of Shavkat Mirziyoyev's reforms, and the priority attention of Donald Trump's administration to Central Asia.
Javlon Tursunov
