Fergana Courts US Investment in Finance, Fuel, and Industry

Tashkent, Uzbekistan (UzDaily.com) — The governor of Uzbekistan's Fergana region held a series of targeted investment meetings with senior representatives of leading American and international firms on the sidelines of the Fifth Tashkent International Investment Forum, signaling an intensifying push to channel foreign capital into one of Central Asia's most densely populated industrial zones.

Governor Khayrillo Bozorov anchored the talks, presenting Fergana's investment conditions, industrial base, and infrastructure potential to executives spanning financial services, energy retail, and diversified industry. He noted growing interest from U.S. business in the region, which sits at the heart of the fertile Fergana Valley and hosts a significant share of Uzbekistan's textile, chemical, and light manufacturing capacity.

Wall Street Eyes Fergana Infrastructure

In a meeting with Thomas Avazyan, Managing Director at Oppenheimer & Co. Inc., discussions focused on financing mechanisms for economic and infrastructure projects, as well as the introduction of modern financial instruments to support investment initiatives. Oppenheimer's engagement points to growing appetite among U.S. capital markets players for structured exposure to Uzbekistan's infrastructure pipeline.

GULF to Expand Fuel Station Network

Separate talks addressed a potential partnership with GULF for the development of a network of modern fuel stations across the Fergana region — a move that would expand the international energy retailer's footprint in Central Asia while meeting growing demand from the region's transport and logistics sector.

SNB Group Explores Industrial and Services Play

Governor Bozorov also met with Sergey Begliarov of SNB Group, where the conversation covered opportunities for expanded investment across industry, services, and other sectors. No specific project details were disclosed, but both sides agreed to advance discussions toward concrete implementation.

Across all three meetings, parties concluded with commitments to deepen partnership and move the initiatives under discussion into an active project phase — language that suggests at least some of the conversations are progressing beyond exploratory dialogue.