The Mayor of Tashkent, Shavkat Umurzakov, announced that by the end of 2026, the capital of Uzbekistan plans to attract $9 billion in investments and increase export volume to $4 billion. These statements were made during the opening ceremony of new urban projects together with President Shavkat Mirziyoyev.
In the first eight months of 2026, the capital has already secured $5.6 billion in investments. For comparison, Tashkent attracted $2.7 billion in 2024. Umurzakov explained the acceleration of targets due to high-tech projects and the development of high value-added production.
President Mirziyoyev emphasized the scale of the capital's investment strategy, noting that Tashkent should become a model of regional development for all of Uzbekistan.
Central Initiative in Expansion Strategy
A key element of the capital's expansion strategy is the multimodal logistics complex, which is being developed in partnership with DP World from Dubai. The management of the Emirati company invited President Mirziyoyev to the groundbreaking ceremony scheduled for October. This terminal is designed to handle up to 120 million tons of cargo and 150,000 containers.
Fourteen upcoming projects were presented during the ceremony, including four industrial enterprises and two tourist attractions. It is projected that after reaching full capacity in about three years, these facilities will produce goods worth $3 billion annually and contribute $1.5 billion to export volumes.
Progress was also presented on the special industrial zone, opened by the president in November 2024. Municipal authorities intend to launch another 22 projects worth $500 million in this zone by the end of 2026. The total project portfolio of the zone has reached $1.2 billion across 26 initiatives, ten of which are set to start before the end of the current year.
Details of the Logistics Hub Project
The DP World project involves the construction of a multimodal logistics hub worth over $288 million through a joint venture, DP World Tashkent. This enterprise is established between DP World (85%) and the municipal entity Tashkent Invest (15%). The complex covers 82 hectares in the Yangi Avlod Special Industrial Zone, which is managed by CAMCE from China.
The planned infrastructure includes a dry port connected to the railway, customs facilities under customs control, Class A warehouses, vehicle storage areas, and cargo handling terminals. The first phase of the logistics hub focuses on a railway terminal with an annual capacity of 150,000 TEU and a warehouse area of 63,000 square meters.
This hub is intended to strengthen trade ties between Central Asia, the Middle East, and Europe through direct integration into Uzbekistan's railway system, main road networks, and Tashkent International Airport.
Umurzakov also noted that the global management firm Boston Consulting Group (BCG) included Tashkent among the top three fastest-growing cities in the world, alongside Shenzhen and Riyadh. The reason cited for this recognition is the ongoing structural reforms and economic modernization.



