Tashkent to Implement 394 Projects Worth US$58.5 Billion by 2045
Tashkent, Uzbekistan (UzDaily.com) — President Shavkat Mirziyoyev has been presented with a series of major investment projects planned for implementation in Tashkent through 2045, according to an interview with the capital’s mayor, Shavkat Umurzakov, aired on Uzbekistan 24.
According to Umurzakov, the capital city will carry out 394 projects over the next two decades, with a total investment volume of US$58.5 billion. All initiatives will be implemented strictly according to a pre-approved schedule, based on transparency and a phased approach. A detailed five-year roadmap for 2025–2029 has already been developed, with specific work plans and sites outlined for each year.
The president, the mayor emphasized, has set rigorous standards for the development of each investment project. Each one must include clearly identified sources of financing, investors, scope of work, implementation timeline, number of jobs to be created, and the anticipated contribution to both industrial output and the services sector.
“This allows for more precise planning for the future. We didn’t have such a systematic approach before. Now, even before a project begins, we calculate how many jobs will be created and in which sectors, how many substations, power grids, water and gas networks will be needed, and how much to expand sewage capacity. All calculations are in place—by project and by year,” Umurzakov explained.
He also stressed that President Mirziyoyev has prioritized seismic safety and modernization of municipal infrastructure as part of the program.
“The president gave a clear directive: first, build the required infrastructure—only then proceed with design and construction. This not only imposes discipline on developers but also increases the responsibility of the hokimiyat and all other involved institutions,” the mayor stated.
International best practices are being applied in both the planning and implementation phases, and foreign specialists have been brought in to support the work.
At a high-level meeting on May 13, the president emphasized quality and safety as top priorities in the construction sector, calling for the adoption of scientifically grounded approaches and modern industry standards.
During a recent presentation, progress in this area was reviewed. At the president’s instruction, an extensive reassessment was conducted to ensure new multi-storey buildings comply with updated safety standards. Around ten specialized institutions participated in the review, including the UzGASHKLITI Research Institute, the Seismology Institute of the Academy of Sciences, the Emergency Management Agency, and public health and safety authorities.
Under revised standards, all new buildings must meet a seismic resistance level of at least 9 on the Richter scale. Each project will require comprehensive expert evaluations.
As the number of high-rise buildings and residential complexes increases, so too does demand for stable energy supply. In response, a new 160-megawatt “Suvsoz” substation will be built in the Chilanzar district. The US$25 million project will ensure reliable electricity for future developments without overloading existing infrastructure.
Additionally, a 20,000-cubic-meter water reservoir will be constructed in the district, providing uninterrupted water supply to the Chilanzar, Shaykhantakhur, and Uchtepa districts. The new system is expected to save approximately 8,000 kilowatt-hours of electricity daily, according to official sources.