Chinese Companies Explore Investment Potential of Bukhara

Tashkent, Uzbekistan (UzDaily.com) — On 13 November 2025, Botir Akhmedov, First Deputy Khokim of Bukhara Region, held a meeting with representatives of Chinese business circles led by Wang Chi Min, visiting Bukhara.

The meeting highlighted the dynamic growth of trade, economic, and investment cooperation between Uzbekistan and China. In 2024, bilateral trade volume reached $14 billion, and the portfolio of investment projects exceeded $60 billion. In 2025, new large-scale projects are being implemented in automotive manufacturing, electric vehicles, green energy, oil and gas, chemical, pharmaceutical, metallurgical, mining, textile, and food industries, as well as logistics, smart agriculture, artificial intelligence, and digitalization.

It was emphasized that Bukhara remains not only a center of historical and tourist heritage but also a rapidly developing industrial-agricultural region with significant reserves of natural gas, construction materials, and agricultural products, including cotton, grains, fruits, and vegetables.

Under the Belt and Road Initiative, the parties discussed expanding strategic cooperation, implementing modern technologies, increasing investment, and executing joint economic projects. Special attention was given to constructing modern hotels, tourist infrastructure, and parks to accommodate the growing flow of Chinese tourists.

Investors operating in free economic zones are offered tax and customs incentives, including exemptions from land, property, and income taxes, as well as customs duties on imported equipment for periods ranging from three to ten years, depending on the size of investments.

Following the official session, B2B negotiations took place between Bukhara entrepreneurs and representatives of major Chinese companies, including Qinghai Wutong (Group) Industry, Qinghai Haihu Car City, Shenzhen Xingtong Investment Management, Guangdong Changchen Construction, Haopin China, Guangzhou Lexon Information Technology, and Zhongshan Huaxing Power Supply Technology. During discussions, the parties explored opportunities for long-term strategic partnerships and joint investment initiatives in the region.