A smart city industrial park is being developed in Uzbekistan, which will occupy an area of 6,400 hectares. This was announced by Mukhtar Umarov, Chairman of the Assembly of the Economy of Uzbekistan, during the FINOBOD 2026 forum in Tashkent.
Umarov's speech took place on November 13 as part of the plenary session titled 'Digital Uzbekistan – Innovation Hub of Central Asia.' The session moderator asked about the steps necessary to form strong regional companies capable of becoming global leaders.
Umarov noted that the proposed method includes the creation of joint ventures. This will allow companies to absorb the experience and skills accumulated by their partners over many years and grow through rapid transformation rather than gradual evolution.
He compared this approach to China's experience, mentioning that a similar system existed there in the 1970s, and that Deng Xiaoping's policy was based on the same principles. Umarov added that Uzbekistan has chosen a similar model.
The smart city park is intended to provide favorable conditions for foreign partners wishing to establish industrial zones in this territory. Furthermore, a new type of Central Asian free trade zone with an area of 55,000 square meters is planned for Tashkent.
Umarov reported that invitations are being sent out for both facilities. Goods produced in the free trade zone will be able to be sold not only in Central Asian countries but also in other states.



