AUIC Invests in Projects Across Three Sectors of Uzbekistan’s Economy

Tashkent, Uzbekistan (UzDaily.com) — The Azerbaijan–Uzbekistan Investment Company (AUIC) has announced new investments in projects in Uzbekistan across the higher education, digital infrastructure, and retail sectors.

In the education sector, AUIC has acquired an equity stake in the American University of Technology in Tashkent, which operates in partnership with Cintana Education and Arizona State University. The volume of direct investment amounted to US$2 million.

The funds will be allocated to infrastructure development and strengthening the university’s material and technical base.

AUIC views its participation in this project as an opportunity to make a practical contribution to the development of a modern academic environment that supports the training of competitive specialists and enhances the country’s scientific and educational potential.

“The project is aimed at expanding international academic cooperation, introducing advanced educational and management practices, and supporting the institutional development of Uzbekistan’s higher education system,” a company representative said.

The development of digital infrastructure in Uzbekistan is accompanied by growing demand for data centers, computing capacity, and IT solutions.

Against this backdrop, AUIC has invested US$1.7 million in the technology sector through a joint venture with Engineering+. The project envisages the localization of production of next-generation data center equipment based on ICE+ immersion cooling technology, including micro data centers and high-performance servers for artificial intelligence and cloud computing applications.

The production is intended to serve both the domestic market and exports to Central Asia and the Middle East.

In addition, the company has invested US$15 million in a local retail chain. The transaction is aimed at scaling up the network, developing logistics infrastructure, and improving operational processes.

It was previously reported that the size of investments in individual projects ranges from US$1 million to US$25 million, with capital directed toward projects in a number of economic sectors, including education, manufacturing, logistics, healthcare, and food processing.