Oppenheimer Expresses Readiness to Finance Major Projects in Tashkent Region

Tashkent, Uzbekistan (UzDaily.com) — During a working trip to the United States, Hokim of Tashkent Region Zoir Mirzaev held a series of meetings in New York with executives of major companies operating in finance, energy, industry, and international trade.

A key discussion took place with John Tonnelli, Director of the global investment banking and financial consulting firm Oppenheimer Holdings Inc. The meeting also included one of the company’s managing directors, Uzbek national Farhod Inogamboev.

At the roundtable, the parties discussed bringing large industrial and infrastructure projects from Tashkent Region to international capital markets, implementing modern corporate financing tools, providing technical and consulting support to promote regional initiatives to foreign investors, and launching joint investment programs.

Oppenheimer Holdings Inc. operates 92 offices worldwide, with headquarters in New York. In 2023, the company reported a net profit of US$1 billion and managed assets totaling US$36 billion. Following the talks, the company expressed readiness to expand cooperation and consider participating in the financing of major projects in Tashkent Region.

Another meeting was held with Zohir Yaqubi, CEO of Yaqubian International Trading Corp., a businessman with over 40 years of international experience in the U.S., Central Asia, and the Middle East. The company specializes in the import and distribution of consumer goods, electronics, and branded products in U.S. markets, leveraging advanced logistics, control, and distribution systems in collaboration with leading manufacturers. Yaqubi also conducts business in Russia and Ukraine and supports investment projects in Afghanistan.

Discussions focused on opportunities for regional producers to enter foreign markets, develop logistics infrastructure, optimize supply chains, and strengthen connections with international investors.

A productive meeting also took place with executives of Pangea Filtration Technologies, LLC, a U.S.-based company specializing in energy and environmental innovations. Founded by engineer and entrepreneur Dan Beetz, the company has achieved notable success in a short time, with offices in Florida, Washington, and representative offices in New York, Houston, Louisiana, Sweden, and Bulgaria.

The Pangea team has experience implementing energy and infrastructure projects worth US$60–75 billion, including pipeline construction, modernization of centralized heating systems, energy transition solutions, and geothermal technologies.