EDITION
HOT SELLER THIS WEEK
- On 3 November, Uzbekistan highlighted plans to train 30,000 employment-ready specialists annually through vocational colleges managed in cooperation with major businesses. The initiative aims to align education with employer demand, although no total programme budget was disclosed. This creates opportunities for vocational training providers, curriculum developers and international education partners; HPC can support institutional partnerships, technical training programmes and supplier sourcing.
- On 1 November, Namangan region signed a $105 million investment agreement with Italy’s Gamma Meccanica covering industrial equipment manufacturing, energy-efficient technologies and plastic-waste processing. The cooperation aims to improve production efficiency and expand recycling capabilities, although individual project allocations were not disclosed. This creates opportunities for recycling technology suppliers, environmental consultants and industrial engineering firms; HPC can support technology sourcing, sustainability partnerships and project development.
- On 4 November, Uzbekistan reported that it had attracted $44.3 billion in foreign investment and loans during January–September 2026. The country’s economy also recorded 8.3% growth during the first three quarters, strengthening demand for corporate finance, investment advisory and financial services. HPC can connect investors with local opportunities, support financial partnerships and assist businesses preparing investment proposals.
- On 6 November, details of the second phase of Uzbekistan’s Rural Infrastructure Development Project were reported, with a total budget of $320 million. Financing is planned through $150 million from the World Bank’s IDA, $100 million from the Asian Infrastructure Investment Bank and $70 million from the Uzbek state budget. The programme will cover 296 mahallas in six regions; HPC can support contractors, suppliers and consultants seeking procurement and implementation partnerships.
- On 4 November, Uzbekistan’s National Agency for Social Protection published a tender for specialized equipment for social service and rehabilitation institutions under the World Bank-financed INSON project. Bids are due by 27 November 2026, while the tender value has not been disclosed. This creates opportunities for medical equipment manufacturers, rehabilitation technology suppliers and healthcare distributors; HPC can support supplier identification, bid preparation and international procurement partnerships.
- On 3 November, Uzbekistan announced a $7.8 billion development programme in the Bukhara region, comprising 145 projects across industry, energy, tourism and infrastructure. Once implemented, the projects are expected to create more than 14,000 jobs and generate annual industrial output worth UZS 22 trillion, approximately $1.84 billion. This creates demand for recruitment agencies, workforce training providers and HR consultants; HPC can support talent sourcing, skills development and employer partnerships.
- On 2 November, Uzbekistan’s Namangan region confirmed a $105 million investment agreement with Italy’s Gamma Meccanica for industrial equipment manufacturing, energy-efficient technologies and plastic-waste processing. The agreement provides a framework for technology transfer and manufacturing cooperation, although specific production capacities and implementation allocations have not been disclosed. This creates opportunities for machinery suppliers, industrial technology providers and logistics companies; HPC can support equipment sourcing, supplier introductions and industrial partnerships.
- On 6 November, Uzbekistan presented the second phase of its Rural Infrastructure Development Project with a $320 million budget. The programme is expected to improve roads, water systems and electricity networks across 296 mahallas in six regions, financed by $150 million in IDA credit, $100 million from AIIB and $70 million from the state budget. Construction and utility contractors can explore upcoming procurement opportunities; HPC can support supplier sourcing, tender preparation and project partnerships.
- On 1 November, Uzbekistan reported a new directive requiring companies undergoing insolvency proceedings to use designated special bank accounts, with funds transferred from their regular accounts. The measure aims to improve financial oversight and control of payments during insolvency procedures; no monetary penalty or implementation budget was specified. This creates demand for insolvency advisers, legal consultants and financial compliance specialists; HPC can support businesses through professional advisory partnerships and regulatory service connections.
- On 6 November, Uzbekistan’s plans to list five major state-owned companies during 2027–2028 were highlighted, including Uzbekistan Airways, National Electric Grid of Uzbekistan, Uzbekhydroenergo, Uztelecom and Uzsanoatqurilishbank. The country’s earlier National Investment Fund share sale generated $692 million for the state budget, while individual valuations and fundraising targets for the upcoming IPOs have not been disclosed. This creates opportunities for investment banks, auditors, valuation firms and institutional investors; HPC can facilitate investor introductions and corporate finance partnerships.
- On 4 November, Uzbekistan reported $44.3 billion in foreign investment and loans for January–September 2026, while economic growth reached 8.3% during the first three quarters. The figures indicate expanding activity across industrial production, infrastructure and services, although the investment total represents a national aggregate rather than a single project contract. This creates opportunities for market research firms, economic analysts and investment intelligence providers; HPC can support sector research, market-entry assessments and commercial feasibility studies.
- On 2 November, Uzbek representatives held discussions with US technology, education and business organisations in Seattle on artificial intelligence cooperation, specialist training and helping local startups access international markets. No dedicated programme budget was announced. The initiative creates opportunities for technology communications agencies, digital marketing firms, training providers and business networks; HPC can support international outreach, strategic partnerships and market-development campaigns.
- On 4 November, reports highlighted Vietnam’s ROX Group plans to invest $4.5 billion in four urban development projects across Bukhara, Tashkent and Samarkand. The proposed developments include residential communities, hotels and business centres designed to accommodate approximately 115,000 residents; the investment is a planned programme rather than a completed expenditure. This creates opportunities for property developers, construction contractors, hotel operators and building-material suppliers; HPC can support investor connections, supplier sourcing and development partnerships.
- On 2 November, Uzbekistan’s Open Bank and the Islamic Corporation for the Development of the Private Sector confirmed an expression of intent for a financing facility of up to $10 million to support eligible private-sector businesses, including SMEs. The facility remains a proposed financing arrangement rather than confirmed disbursement. This creates opportunities for growing businesses, financial advisers and startup-support organisations; HPC can help identify eligible companies, connect applicants with finance partners and prepare investment proposals.
- On 5 November, Uzbekistan’s Ministry of Investment, Industry and Trade discussed strategic cooperation with Japan’s Sojitz Corporation across energy, infrastructure, healthcare, mining and industrial technology. Priority discussions included a 1,000 MW wind power plant, the new Tashkent International Airport and the Syrdarya-2 thermal power plant; individual project values were not disclosed. This creates opportunities for technology providers, engineering firms and digital infrastructure specialists; HPC can support international supplier partnerships and project coordination.
- On 3 November, President Shavkat Mirziyoyev reviewed construction of a tourism centre in Bukhara involving a planned investment of $105 million across 50 hectares. The development is expected to include two hotels, 80 family guesthouses, a museum, exhibition facilities, a 2,000-seat amphitheatre and more than 70 commercial and service facilities, with a target of creating 2,000 jobs. This creates opportunities for hotel operators, tourism companies, hospitality suppliers and event-management firms; HPC can support investor introductions, hotel partnerships and tourism-sector sourcing.
Sector stories & insights.
Uzbekistan’s fixed-capital investment reached UZS 584.2 trillion in January–September 2026, with education accounting for UZS 12.7 trillion, according to figures reported on 6 November. The education allocation reflects ongoing demand for institutional development, learning facilities and education-related services. No separate new education contract value was announced during the week.
The investment trend creates opportunities for education consultants, training providers, technology suppliers and institutional partners. HPC can support education project planning, international partnerships, supplier sourcing and training programme development.
On 5 November, Uzbekistan outlined plans to raise production across 16 critical mineral categories to $2.7 billion within three years. The programme includes plans to attract $1.1 billion for deep processing of tungsten, while UzTMK is preparing 12 investment projects and plans to introduce 11 additional mineral products. The announcement also highlighted higher-value processing and resource development.
The programme creates opportunities for environmental consultants, mineral-processing technology providers, energy-efficiency specialists and recycling businesses. HPC can support technical partnerships, sustainable investment planning and sourcing of industrial solutions.
On 6 November, reported figures showed that fixed-capital investment in Uzbekistan reached UZS 584.2 trillion during January–September 2026, increasing 20.1% year on year. Separately, the Central Bank maintained its key interest rate at 14% on 4 November, while its latest outlook indicated that the rate could fall below 10% over the next three years. No new lending programme value was announced.
The investment growth and evolving monetary outlook create opportunities for financial advisers, investment managers, lenders and corporate finance providers. HPC can support investor introductions, financial project planning and business financing partnerships.
Uzbekistan Advances Regional Cooperation on Artificial Intelligence Security
On 6 November, President Shavkat Mirziyoyev proposed establishing a regional UN counterterrorism office in Uzbekistan to address emerging threats, including risks linked to artificial intelligence. The proposal was raised during regional discussions, while no confirmed project budget or implementation cost was disclosed.
The initiative highlights demand for digital governance, cybersecurity policy, institutional cooperation and specialist advisory services. HPC can support policy research, international stakeholder engagement and partnerships with technology and security experts.
On 6 November, details of a presidential decree issued on 4 November were reported, allowing public hospitals to outsource clinical and support services to private companies from 2027. Contracts may generally run for up to five years and, in exceptional cases, up to ten years. Uzbekistan aims to increase outsourced services to 30% by 2030; no overall programme budget was disclosed.
The new framework creates opportunities for hospital operators, medical service providers, healthcare technology companies and international management firms. HPC can support healthcare partnerships, private-sector sourcing and preparation of hospital outsourcing proposals.
On 3 November, parliamentary information showed that Uzbekistan had attracted $44.3 billion in foreign investment and loans during January–September 2026. Over the same period, 106 large projects worth a combined $3.8 billion were launched, creating 13,800 jobs. The reported figures indicate growing demand for skilled workers across industrial and investment projects.
This expansion creates opportunities for recruitment agencies, technical training providers, workforce consultants and international talent partners. HPC can support recruitment planning, skills development and employer-provider partnerships.
On 5 November, Uzbekistan announced a target to increase production across 16 critical mineral categories to $2.7 billion within three years. The Uzbek Technological Metals Complex plans to launch 12 investment projects by the end of 2026, while the country is preparing to expand production into 11 additional minerals. A separate $1.1 billion investment target has been outlined for deep tungsten processing.
The programme offers opportunities for mining equipment manufacturers, industrial engineering firms, mineral-processing suppliers and logistics providers. HPC can support supplier identification, technical partnerships and industrial project development.
Figures reported on 6 November showed that Uzbekistan’s fixed-capital investment in January–September 2026 included UZS 51.1 trillion for construction and UZS 39 trillion for electricity, gas, steam and air-conditioning supply. Total fixed-capital investment reached UZS 584.2 trillion, up 20.1% year on year. These are sector-wide investment figures, not the value of a single newly awarded contract.
The scale of construction and energy investment creates demand for engineering contractors, equipment suppliers, project-management firms and energy specialists. HPC can support project sourcing, supplier partnerships and infrastructure investment coordination.
On 6 November, Uzbekistan’s Competition Committee reported consumer-rights violations in contracts used by 132 construction companies across 12 regions. The review found that 77.3% of examined contracts lacked appropriate refund deadlines or used inconsistent terms, while 63.6% did not specify apartment warranty periods. More than 1,700 complaints were received in the first nine months of 2026, and consumer adjustments totalled approximately UZS 14.5 billion.
The findings increase demand for contract reviews, property compliance services, consumer-protection advice and corporate governance support. HPC can connect businesses with legal consultants and compliance specialists to strengthen contractual and regulatory practices.
On 5 November, Uzbekistan confirmed plans to list five state-owned companies through IPOs in 2027–2028: Uzbekistan Airways, National Electric Grid of Uzbekistan, Uzbekhydroenergo, Uztelecom and Uzsanoatqurilishbank. The government is preparing the companies for international capital markets, while a previous share sale from the national investment fund generated $692 million for the state budget. Individual IPO valuations and fundraising targets for the five companies have not been disclosed.
The planned listings create opportunities for investment banks, transaction advisers, auditors, valuation experts and institutional investors. HPC can support investor introductions, financial advisory partnerships and cross-border corporate finance opportunities.
On 6 November, Uzbekistan reported monthly inflation of 0.6% for October 2026, while the annual inflation rate eased to 6.5%. The figures provide an updated picture of consumer prices and purchasing-power conditions as the Central Bank maintains its policy rate at 14%. No separate monetary value was attached to the inflation announcement.
The latest data creates demand for market intelligence, economic forecasting, pricing analysis and sector research. HPC can support businesses with market assessments, investment research and data-led commercial planning.
On 6 November, President Mirziyoyev urged Shanghai Cooperation Organisation countries to strengthen cooperation against digital threats and proposed a regional UN counterterrorism office addressing AI-related risks. No dedicated communications or technology programme budget was announced.
The developments create opportunities for cybersecurity communications, digital awareness campaigns, public-sector technology advisory and specialist media services. HPC can support strategic communications, stakeholder engagement and partnerships with digital-security experts.
On 6 November, the Competition Committee disclosed that its review of 132 developers identified widespread weaknesses in property sale agreements, including missing warranty provisions and unclear refund terms. The authority reported more than 1,700 construction-related complaints during January–September 2026, with consumer adjustments of approximately UZS 14.5 billion. No new real-estate project price was announced in this review.
The findings create opportunities for property consultants, project managers, legal advisers and developers seeking stronger customer-protection systems. HPC can support real-estate partnerships, compliance planning and development-sector advisory services.
Uzbekistan’s Private Sector Gains Access to Potential $10 Million Financing
On 2 November, reports confirmed that the Islamic Corporation for the Development of the Private Sector and Uzbekistan’s Open Bank had signed an expression of intent for a potential Shariah-compliant financing facility of up to $10 million. The proposed facility is intended to support eligible private-sector projects, including small and medium-sized enterprises. It remains a financing intention rather than a confirmed disbursement.
The proposed facility may create opportunities for eligible SMEs seeking expansion capital and for advisers supporting business finance applications. HPC can help identify potential applicants, connect businesses with financial institutions and develop investment-ready project proposals.
On 6 November, Uzbekistan reported draft amendments regulating online pharmacy sales and medicine delivery. The proposals would require licensed pharmacies to provide digital product information, retail prices, delivery terms and relevant licence details, while delivery vehicles would need to maintain suitable storage conditions. Public consultation is scheduled to continue until 19 November; no implementation budget has been disclosed.
The proposals create opportunities for e-commerce developers, pharmacy software providers, digital compliance specialists and logistics technology companies. HPC can support platform partnerships, technology sourcing and digital transformation planning.
On 3 November, President Mirziyoyev reviewed construction of a new tourism centre in Bukhara, planned across 50 hectares with an investment of $105 million. The complex is expected to include two hotels, 80 family guesthouses, a museum, exhibition hall, a 2,000-seat amphitheatre and more than 70 commercial and service facilities. Project estimates indicate potential creation of 2,000 jobs and an additional two million annual visitors.
The development creates opportunities for hotel operators, tour companies, hospitality suppliers, event organisers and tourism-service investors. HPC can support hospitality partnerships, supplier sourcing and international tourism investment opportunities.