Public-Private Partnership activities in the first quarter of 2026
2026-05-01 16:05:00 / News of ministry
Sectoral composition of the project portfolio
During the reporting period, the signed agreements covered a broad range of social and infrastructure sectors. The majority of projects — 33 (USD 24.8 million) — were in the education sector, reflecting the government’s strategy of investing in human capital. At the same time, agreements were concluded for 8 projects (USD 0.3 million) in the agro-industrial sector, 5 projects (USD 1.6 million) in sports, 4 projects (USD 2.3 million) in culture, and 3 projects (USD 1.4 million) in healthcare.
The largest projects in terms of financial volume were concentrated in the energy (USD 357.0 million) and transport (USD 134.0 million) sectors. In addition, 2 projects worth USD 22.5 million were registered in the water management sector, as well as projects worth USD 2.7 million in the коммунal services sector and USD 0.6 million in the construction sector.
Results achieved on major strategic projects
During the reporting period, a number of major projects of strategic importance for the country's infrastructure entered a new stage:
Air transport infrastructure. A PPP agreement was signed with the South Korean company ICN-Urganch Airport Services LLC FC for the modernization and management of Urgench International Airport ($134 million). Negotiations on the construction of the New Tashkent International Airport with Saudi Arabian company Vision Invest, Japanese company Sojitz and Korean company Incheon have been successfully completed.
Energy sector. An agreement was signed with the Turkish company Aksa Energy as the winner of the international tender for the project to modernize and transfer power grids in the Samarkand region to private sector management ($357 million).
Healthcare. An international tender for the project to create a modern multidisciplinary hospital with 800 beds in the Fergana region has been completed, and the "Vision-Coc-Rekeep" consortium of companies was declared the winner.
Water management. With the support of the International Finance Corporation (IFC), the first stage of the international tender for the reconstruction and transfer of 76 large pumping stations to private management has been announced for the first time.
Project monitoring and performance control
In order to ensure the implementation of Law No. 537 "On Public-Private Partnership," monitoring activities were carried out for a total of 193 projects during the reporting period, including 188 projects in Tashkent and 5 projects in the Samarkand region.
As a result of a comprehensive analysis conducted through the electronic platform, it was revealed that in 85 projects included in the register, private partners are not actually operating or are in a liquidated state. Relevant proposals for the systematic resolution of these problems have been submitted to the Cabinet of Ministers of the Republic of Uzbekistan.
Digital transformation: Electronic PPP Platform
As an important step toward the digitalization of the industry, the "Electronic Platform for PPP Projects" was implemented as an experiment. The platform aims to integrate all stages from project development to monitoring into a single digital ecosystem.
Significant results were recorded at the testing stage: 4 project concepts were submitted through the Platform, 2 of which were posted in the official announcement. In addition, reports on 900 projects currently being implemented are provided by public and private partners directly through the Platform.
Conclusion
The results of the first quarter of 2026 testify to the strengthening role of the PPP mechanism in Uzbekistan's economy. On the one hand, a portfolio diversification is observed: alongside numerous small projects in the social sector, strategic major deals in energy and transport infrastructure provide a balanced development model.
On the other hand, the expansion of the geography of international investors—the simultaneous presence of companies from South Korea, Turkey, Saudi Arabia, and Japan—indicates an increase in the country's investment attractiveness.
PR and Communications department
Ministry of Economy and Finance