Opportunities in Uzbekistan

Key Opportunities for Investors:

1. Privatization Program

• Amount Invested: Over $1 billion in ongoing privatization efforts.
• Upcoming IPOs: Expected to raise approximately $2 billion. Key sectors include banking, telecommunications, and energy.
• Pipeline: SOEs in banking (Uzbek Industrial and Construction Bank), telecom (Uzbektelecom), and energy (Uzbekneftegaz) are set for partial or full privatization.

2. Public-Private Partnerships (PPP)

• Amount Invested: $3 billion across 50+ projects.
• Opportunities: Infrastructure (highways, airports), energy (solar and wind projects), and healthcare (hospital modernization).
• Pipeline: $7 billion in planned projects, including the $1.5 billion Tashkent Thermal Power Plant and $800 million in healthcare facilities.

3. International Financial Institutions (IFIs) Involvement

• Current Investments: $5 billion from IFIs, including $1.2 billion from the World Bank and $1 billion from the Asian Development Bank.
• Planned Investments: Additional $4 billion, focusing on renewable energy and infrastructure projects.

4. Foreign Investment by Region

• Europe: $2 billion in sectors like automotive and energy. Upcoming opportunities include $1 billion in green energy.
• USA: $1.5 billion invested, mainly in telecommunications and agriculture. Pipeline includes $500 million in advanced agricultural projects.
• China: $10 billion invested, focusing on infrastructure (roads, railways), with an additional $5 billion planned under the Belt and Road Initiative.

5. Key Projects

• Energy: $1 billion in renewable energy projects (solar and wind farms).
• Infrastructure: $2.5 billion for the modernization of the Tashkent-Samarkand railway.
• Healthcare: $1 billion for new hospital facilities under PPP agreements.