Uzbekistan sold 169 mineral deposits for 446 billion sums
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UzDaily
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Uzbekistan sold 169 mineral deposits for 446 billion sums

From January to October 2026, Uzbekistan sold 169 mineral deposits and promising areas through online auctions, generating total revenue of 446 billion sums. During the same period, 303 plots were put up for auction.

This data was presented by representatives of the Ministry of Mining and Geology, as well as the state institution Center for Subsoil Use, at a press conference dedicated to reforms in the subsoil use sector.

In the first ten months of the year, 432 subsoil use permits were issued, and an additional 50 permits were granted for artisanal mining. Furthermore, 331 expert conclusions were prepared for geological projects and feasibility study documentation.

As part of the work, 42,000 hectares of land were reclassified as industrial and transferred to the Center for Subsoil Use for permanent use. Information on 2,427 mineral deposits and promising areas was added to the unified state cadastral system.

Authorities also issued 20,000 land use conclusions for urban development and other non-agricultural purposes, as well as for construction. As part of efforts to implement international standards, 84 foreign and international standards were translated into the state language and sent to the Institute of Standards.

During the reporting period, 1,908 services related to access to geological reports and data were provided. Additionally, authorities conducted a re-inventory of 125 mineral deposits. Practical assistance was provided to 169 business entities through the Front Office system. There were 743 inquiries to the call center at short number 1356, all of which were answered.

In the field of digitalization, the Geomonitoring information system was modernized. Furthermore, permits for extracting certain types of minerals after auctions are now processed through the licenses.uz platform, which is integrated with Geomonitoring.

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Ministry building of Uzbekistan sold for 287.14 billion soms
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Ministry building of Uzbekistan sold for 287.14 billion soms

A four-story administrative building that was used by the Ministry of Investment, Industry and Trade of Uzbekistan in the Mirabad district of Tashkent was sold at an electronic auction for 287.14 billion soms.

The winner of the auction was the company Shakhrisabz Agroport. The auction concluded on November 4 on the E-auksion platform. The bidding process lasted 1 hour and 46 minutes and attracted 80 bids, with the final price being 80% higher than the initial price.

Currently, the signing of the purchase agreement between the parties is expected. The State Property Management Agency put this real estate up for auction in October. The total area of the building is 6,502 square meters, and its location is at the intersection of Taras Shevchenko and Fidokor streets.

In addition to the ministry, the premises in the building are currently used by several international organizations. The facility is connected to water supply, sewage, gas, and electricity networks.

Sale terms and object usage

According to the sale terms, the new owner has the right to use this property for retail trade, entertainment, catering services, or tourism purposes, provided that urban planning norms are observed.

According to the Unified State Register of Enterprises and Organizations, Shakhrisabz Agroport was registered in June 2026. The company is based in the Shakhrisabz district of Kashkadarya region and specializes in agriculture. The company's charter capital is 550.5 million soms, and its sole founder and manager is Zasur Dostonavich Karimov.

Uzbekistan residents sold $18.9 billion to banks over nine months
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uzdaily.uz

Uzbekistan residents sold $18.9 billion to banks over nine months

From January to September 2026, residents of Uzbekistan sold foreign currency to commercial banks totaling $18.9 billion. This figure exceeds the sales volume for the same period in 2025, which was $15.3 billion, representing an increase of 1.2 times.

The Central Bank of Uzbekistan reported that individual purchases of foreign currency reached $11 billion during the same period, resulting in a positive balance of $7.9 billion.

According to the regulator, this positive balance from transactions between private individuals and banks serves as an additional source of foreign currency supply in the domestic market. Sales of foreign currency by residents have been growing for the third consecutive year.

Details show that from January to September 2024, private individuals sold $11.8 billion, in 2025—$15.3 billion, and in 2026—$18.9 billion. Acquisitions also grew: in 2024, they amounted to $6.9 billion, in 2025—$8.6 billion, and in 2026—$11 billion. Nevertheless, sales significantly outpaced purchases, with the positive balance increasing from $4.9 billion in 2024 to $6.7 billion in 2025 and $7.9 billion in 2026.

Individuals accounted for $18.9 billion of the total foreign currency supply in the domestic market, which stood at $43.8 billion (excluding Central Bank operations). Legal entities and banks contributed $22.8 billion, while international financial institutions and foreign direct investment totaled $2.2 billion.

Regarding demand, out of the total demand for foreign currency of $50.4 billion, individuals accounted for $11 billion, and legal entities accounted for $39.4 billion. Overall, the supply of foreign currency in the domestic market grew by 25.3% in the first nine months of 2026 compared to the same period last year, while demand increased by 17.9%. International money transfers brought $15.2 billion into the country during this period.

From January to September, the sum exchange rate fluctuated within the range of 11,765–12,320 soms per US dollar. By the end of September, the exchange rate reached 11,821 soms, reflecting a 1.5% strengthening since the beginning of the year.

Uzbekistan's state procurement reached 281.8 trillion sums with the attraction of $42.6 billion in foreign investment
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Uzbekistan's state procurement reached 281.8 trillion sums with the attraction of $42.6 billion in foreign investment

The Agency for Industrial Cooperation and State Procurement reported to journalists that in the first nine months of 2026, state procurement in Uzbekistan amounted to 281.8 trillion sums. Additionally, $42.6 billion in foreign investments was mobilized.

Under the localization program, goods worth 117 trillion sums were produced, 88 new types of products were introduced, and 10,400 jobs were created. The import substitution effect reached $6.2 billion, and the import of 176 types of goods decreased by $838 million.

Of the total foreign investment of $42.6 billion, $18.2 billion, or 43%, was linked to local content. However, local content was not reflected in reports across seven sectors amounting to $965.2 million and 220 projects valued at $2 billion. The agency noted the need to improve the accounting system.

Competitive procurement amounted to 170.4 trillion sums, which allowed for savings of 12.1 trillion sums. Meanwhile, direct procurement decreased by 11.7% to 61.6 trillion sums.

Artificial intelligence now moderates 75% of offers on the electronic trading platform. The Unified Industrial Portal has also been launched in test mode.

By the end of the year, the agency plans to increase the volume of localized production to 130 trillion sums, raise the import substitution effect to $6.4 billion, and introduce 112 new types of products.

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