Fergana Region aims to attract $4.5 billion in investments by 2026
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Fergana Region aims to attract $4.5 billion in investments by 2026

The Fergana Region plans to increase the annual investment volume from $2.7 billion to $4.5 billion by the end of 2026, with a particular focus on high value-added projects. The region's governor, Khayrullo Bozorov, announced this goal during the opening ceremony of new facilities, which was attended by President Shavkat Mirziyoyev on August 25, 2026.

Bozorov noted that investors from 35 countries operate in the region. Specifically, Saudi Arabia has begun implementing projects under direct presidential directives, while companies from Turkey, Japan, Europe, and the United States are also expanding their activities.

The regional leadership has adjusted its capital attraction strategy, opting to reject any investment proposals in favor of focusing on project quality and creating local value. Bozorov emphasized the need to create conditions for cluster development, telling investors that ready-made, high value-added projects are required.

As an example of the new approach, the governor mentioned a $30 million project by Hansae Mobility from South Korea. This facility will be implemented in two stages and is intended for producing automotive components for General Motors, replacing imports currently valued at $40 million annually.

In the Dangar district, a production complex for modern building materials worth $170 million is under development. The first stage of this project, which received initial investment of $20 million, has already started, with another $150 million allocated for the two subsequent stages.

The new facilities were part of a nationwide series of project launches held on August 25, 2026, on the eve of Uzbekistan's 35th Independence Day. As part of this event, 72 major industrial and service initiatives, as well as 91 social sector projects, were commissioned.

Commenting on the development of Fergana, President Shavkat Mirziyoyev drew attention to structural changes in the region's districts and shifts in local attitudes. The President stated that growing public expectations reflect a broader civic awakening, which requires the regional administration to constantly adapt to these rising demands.

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Fergana Region and Afghanistan Expand Trade and Investment Ties
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Fergana Region and Afghanistan Expand Trade and Investment Ties

The administration of the Fergana region reported that the Fergana region and Afghanistan have reached an agreement to accelerate the implementation of joint investment projects in the fields of construction, textiles, agriculture, and aviation.

The expansion of bilateral cooperation was discussed at a meeting between the Hokim of the Fergana region, Khayrullo Bozorov, Abdul Hafiz Fariadi, head of the Afghan state corporation 'Spinzar Kunduz', and Zamara Kamgar, chairman of the airline 'Kam Air'.

These negotiations were based on agreements reached during the visit of a delegation from the Fergana region to Afghanistan on July 26–27, 2026. During this trip, official meetings and business dialogues took place aimed at developing trade, economic, and investment ties, which led to the opening of trade representations of the Fergana region in Kabul and Mazar-i-Sharif.

At the last meeting, the parties discussed transitioning from existing agreements to the practical implementation of joint initiatives and launching new investment projects. Entrepreneurs from Afghanistan expressed interest in partnering with local enterprises of the Fergana region in key sectors such as construction, textile industry, agriculture, and aviation.

Bozorov noted the stable development of trade and economic relations between Uzbekistan and Afghanistan, emphasizing that the recent delegation visit opened opportunities for new initiatives and expanded practical interaction. The regional Hokim stressed the need to effectively utilize available chances to launch joint projects with representatives of Afghan business and promote cooperation in each target area.

Following the meeting, the parties agreed to accelerate the introduction of joint investment projects, ensure the fulfillment of previously reached agreements, and bring bilateral cooperation to a new level.

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