Uzbekistan

Based on the decree of the President of the Republic of Uzbekistan regarding the development of public-private partnerships (PPP) in the country, Uzbekistan plans to implement 63 PPP projects with a total value of over $30 billion by 2030 These projects are aimed at the development of key infrastructure sectors such as education, healthcare, transportation, energy, utilities, and agriculture. Strategic Goals of the Decree The document highlights several key areas that require special attention within the framework of PPP (Public-Private Partnership). Specifically, the goal of the decree is to attract private investment into the most important sectors of the economy, where significant financial investments are required, but traditional state resources cannot fully meet these needs. Main Project Areas: The document related to the development of PPP projects in Uzbekistan covers numerous projects planned for implementation in various sectors of the economy from 2024 to 2030. Key projects by region and sector: Each project is aimed at developing key infrastructure, improving the quality of life for the population, and attracting investment. he Role of Private Investments One of the key aspects of the decree is the active attraction of private investments into large-scale projects. The President of Uzbekistan emphasizes that the involvement of private capital should become the main driver of economic modernization. The cooperation between the state and the private sector is aimed at addressing tasks related to improving the country’s competitiveness and enhancing the well-being of its citizens. This is only a part of the projects aimed at improving infrastructure and utilities in Uzbekistan. PPP Tools and Mechanisms The decree provides various mechanisms to stimulate the participation of private companies in the implementation of PPP projects. These include: Notably, the document places special emphasis on the transparency and accountability of processes in the interaction between the government and businesses. The Potential to Attract Foreign Investors Uzbekistan is considering active cooperation not only with local entrepreneurs but also with international partners. It is expected that this will help attract more than $30 billion in private investments by 2030. Prospects and Long-Term Goals The implementation of this decree sets ambitious tasks for the country in creating modern infrastructure and a sustainable economy. This includes not only creating jobs and improving living conditions for citizens, but also the global integration of Uzbekistan into the world economy through the modernization of transportation and energy infrastructure. It is also expected that the decree will strengthen regional cooperation and attract international companies to implement joint projects. In the long term, Uzbekistan could become the center of economic development in Central Asia. From daryo-uz.turbopages.org