Oppenheimer to Invest US$300 Million in Industrial Development of Andijan Region

Tashkent, Uzbekistan (UzDaily.com) — A delegation from Andijan Region, led by Governor Shukhratbek Abdurakhmonov, signed a US$300 million investment agreement with one of the leading U.S. financial firms, Oppenheimer & Co. Inc., in New York.

The negotiations took place during the Uzbek delegation’s visit to the United States, at the company’s headquarters in Manhattan’s financial district on Wall Street. In discussions with Oppenheimer’s Managing Director John Tonnelly, the delegation highlighted key economic reforms initiated by the President of Uzbekistan, as well as the investment potential of Andijan Region.

The parties explored opportunities for implementing large-scale projects in industry, infrastructure, and other strategic sectors of the region. As a result of the negotiations, an agreement was reached to invest US$300 million in the development of Andijan Region.

Founded over a century ago, Oppenheimer & Co. Inc. is recognized as one of the leading players in the U.S. financial services market. The company specializes in investment and brokerage services, asset management, and providing access to global capital markets.

In recent years, Andijan Region has actively focused on attracting foreign investment, positioning itself as one of Uzbekistan’s key regions with growing industrial and infrastructural potential. The signed agreement represents one of the largest international investment contracts for the region in 2025 and is expected to boost the regional economy, create new jobs, and strengthen ties with U.S. businesses.