News about investment: events, facts and developments on tafs uz.
66 stories
Head of the Administration of the President of Uzbekistan Saida Mirziyoyeva met on October 16 with Peter Lee, chairman of the board of the Hong Kong holding Henderson Land Group. The parties discussed cooperation in renewable energy, development of New Tashkent infrastructure and education, as well as support for initiatives through the Tashkent International Financial Center.
Aziz KarimovShavkat Mirziyoyev met with the head of Turkey's Cengiz Holding Mehmet Cengiz and the chairman of Saudi ACWA Muhammad Abunayyan. They discussed the construction of thermal power plants, modernization of power grids, and expansion of cooperation in energy, geology, infrastructure, and high technologies.
Nilufar KarimovaSix energy agreements worth $4.7 billion were signed in Tashkent with the participation of ACWA Power, EDF, Toyota Tsusho and other companies — 3,000 MW of generation and 400 MW of storage. President Shavkat Mirziyoyev announced plans for a second and third nuclear power plant after construction began on the first one with Rosatom in the Jizzakh region. By 2030, the country intends to add 22 GW of capacity and raise the share of renewables to 54%.
Dilnoza RahimovaAt an open dialogue with fuel and energy sector investors on October 16, Shavkat Mirziyoyev announced the preparation of 128 investment blocks with estimated gas reserves of 5.8 trillion cubic meters and liquid hydrocarbons of 560 million tons. Also discussed were deep gas processing, reform of the liquefied gas market, and personnel training.
Dilnoza RahimovaAt a dialogue with fuel and energy sector investors, Shavkat Mirziyoyev announced the preparation of 12 projects worth $850 million to localize imported energy equipment, as well as the creation of an industrial zone in the Jizzakh region for producing goods for the nuclear power plant under construction.
Nilufar KarimovaOn October 16, at an open dialogue with energy investors, President of Uzbekistan Shavkat Mirziyoyev announced the creation of an Investors' Council in the fuel and energy sector. It will be headed by the Head of the Presidential Administration Saida Mirziyoyeva. The Council will promptly resolve investors' issues — from land allocation to commissioning of facilities. Its powers, composition and working procedures have not yet been disclosed.
Dilnoza RahimovaAt an open dialogue with fuel and energy sector investors, Shavkat Mirziyoyev announced the creation of an Investors' Council to be headed by Presidential Administration head Saida Mirziyoyeva. The Council will promptly resolve investors' problems — from land allocation to commissioning of facilities. Also discussed were personnel training and the transfer of liquefied gas supplies to the private sector by 2027.
Nilufar KarimovaAt an open dialogue with fuel and energy sector investors on 16 October, Shavkat Mirziyoyev announced the construction of 5,000 km of power grids and 16 substations by 2030, expansion of energy storage capacity to 4.5 GW, development of a National Energy Master Plan through 2050, dedicated sites for data centers, and exports of 'green' energy to Europe via the Caspian Sea.
Dilnoza RahimovaPresident Shavkat Mirziyoyev, at a dialogue with fuel and energy sector investors on October 16, announced plans to offer foreign companies 128 new oil and gas blocks with a preliminary resource estimate of 5.8 trillion cubic meters of gas and 560 million tons of liquid hydrocarbons. Currently, SOCAR and BP are conducting geological exploration at six blocks in the Ustyurt region.
Dilnoza RahimovaPresident Shavkat Mirziyoyev, at a meeting with fuel and energy sector investors, stated that by 2030 the country will create 22,000 MW of new capacity, annual generation will exceed 129 billion kWh, and the share of renewables will reach 54%. Agreements on six projects worth $4.5 billion were signed.
Nilufar KarimovaPresident Shavkat Mirziyoyev, at an open dialogue with fuel and energy sector investors, announced a transition to a new procedure for selecting energy projects: ready-made projects will be put up for open tender with pre-announced sites, grid connection points and purchase terms. The first to go to tender will be six solar and wind power plants with a total capacity of 2,200 MW. A National energy development master plan up to 2050 will also be developed.
Dilnoza RahimovaJordan's Investment Minister Tareq Abu Ghazala said the country has demonstrated to investors a 'resilient economy' and is becoming a 'safe gateway' for neighboring countries. Amman seeks to turn its €3 billion partnership with the European Union into a major economic opportunity, attracting European investment in energy, infrastructure, technology and logistics.
Nilufar Karimova
