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Deepesh Patel
Jun 12, 2025
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Trade Treasury Payments (TTP) is on-site at the fourth Tashkent International Investment Forum (TIIF), where Uzbekistan is intensifying its trajectory as a foreign direct investment hub and regional area for public–private partnerships (PPPs).
Running from 10–12 June, the forum has attracted over 8,000 delegates, including nearly 3,000 international participants from close to 100 countries. The opening session featured President Shavkat Mirziyoyev alongside key dignitaries: Bulgaria’s President Rumen Radev, Slovakia’s Prime Minister Robert Fico, Kazakhstan’s Prime Minister Olzhas Bektenov, the Prime Ministers of Azerbaijan, Tajikistan, and Kyrgyzstan, plus Odile Renaud‑Basso (EBRD) and Dilma Rousseff (New Development Bank).
Mirziyoyev reiterated Uzbekistan’s FDI target of $42 billion in 2025, up from $35 billion in 2024, and confirmed Q1 inflows of $8.7 billion, underpinned by agreements in the UAE, Malaysia, Kuwait, and France.
TIIF’s agenda spans infrastructure, PPP frameworks to 2030 (targeting $30 billion in private investment), agribusiness, digital economy, energy transition, mining, and industrial modernisation. The forum also hosted a practical workshop with the Tashkent Academy for PPP and Infrastructure on financial modelling and project structuring.
Front-and-centre is the newly launched Tashkent International Commercial Court (TICC), grounded in common law principles and complementing the existing Tashkent International Arbitration Centre (TIAC)— a dual-track legal infrastructure aimed at boosting investor confidence.
The spotlight on energy and infrastructure remains intense. Key themes include hydrogen, renewables, energy efficiency, plus transmission networks and telecom PPPs. The EBRD and IFC reaffirmed large-scale financing commitments, notably for green energy and logistics including gender-inclusive technical leadership.
In a strategic move, Mirziyoyev outlined reforms including energy price liberalisation by 2027, divestment of state assets through privatisation, planned Eurobond issuance, and accelerated WTO accession talks slated for completion in 2026.
The forum’s National Exhibition of Industrial & Investment Potential features 90 Uzbek firms across petrochemicals, engineering, construction, food processing, and ICT— highlighting bankable opportunities aligned with Q1 FDI inflows and the $42 billion annual target.
Press coverage is extensive, with 114 journalists from 31 countries, representing CNN, Euronews, ZDF, The Guardian, Al Jazeera and others.
Over the next two days, TIIF will feature plenary sessions, bilateral meetings, PPP bidding rounds, and high-level deal signings, reinforcing Uzbekistan’s shift from economic reform rhetoric to execution—and its growing role as a strategic gateway for Eurasian investment, institutional reform, and regional connectivity.
TTP will continue to provide live coverage, exclusive interviews, and expert analysis through the forum’s final sessions.
Deepesh Patel
Jun 12, 2025
Vincent Chin-Hsiang Yao
Jun 11, 2025
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