Bukhara Draws Strength from Its Great History and Sets Its Sights on New Frontiers of Development
Uzbekistan
During his visit to the Bukhara region, President Shavkat Mirziyoyev took part in ceremonies marking the commissioning of new facilities and the launch of construction for promising new projects.
For centuries, Bukhara has served as a hub for science, culture, and craftsmanship. Today, the traditions of creation established by ancestors are being brought to life through the development of modern industrial capacities, entrepreneurship, and tourism.
The Head of State noted that over the past nine years, the region has attracted $9.5 billion in foreign investment, leading to the creation of more than 6,000 new industrial facilities and 120,000 permanent jobs. These achievements are reflected in rising employment levels, increased household incomes, and the expansion of export markets for local enterprises.
"Drawing upon its great historical legacy, Bukhara is now rapidly entering an era of new development and ambitious projects," the President remarked.
A program comprising 145 projects, with a total value of $7.8 billion, has been established. These initiatives span a wide range of sectors, including petrochemicals, textiles, construction materials, mechanical engineering, energy, mining, pharmaceuticals, digital technologies, logistics, agriculture, the food industry, housing, infrastructure, services, and tourism. Fifty-five projects, valued at $654 million, are being brought online, while construction is commencing on another 90 projects worth $7.1 billion.
The projects involve investors from the United States, Canada, Germany, Japan, the Republic of Korea, Singapore, China, Vietnam, Turkey, the UAE, Saudi Arabia, Russia, and India, as well as the Asian Development Bank, the Asian Infrastructure Investment Bank, and domestic entrepreneurs. According to projections, the implementation of these projects will create over 14,000 jobs, generate an annual production output valued at 22 trillion soums, and facilitate exports totaling 510 million dollars.
“Our goal is singular: to manufacture products that replace imports and are in demand in foreign markets,” the President stated.
The region is also actively expanding its energy capacity. In recent years, 2 billion dollars in investments have been attracted to the “green” energy sector. Wind and solar power plants—with capacities of 1,000 megawatts and 750 megawatts, respectively—have been commissioned, alongside energy storage systems with a capacity of 63 megawatts. Furthermore, 601 kilometers of high-voltage power transmission lines have been constructed.
In the Gijduvan district, the 300-megawatt “Bosh-2” wind power plant is currently under construction with the participation of the company ACWA. In the Jondor and Peshku districts, Toyota Corporation and Sinoma are building wind power plants with a combined capacity of 1,000 megawatts. Additionally, a 165-million-dollar project is planned for the Kagan district—in collaboration with Chinese partners—to generate electricity from municipal waste. A 150-million-dollar project is also set to launch with the German company Leman, aimed at ensuring the sustainable operation of pumping stations along the Amu-Bukhara canal.
Leveraging the region’s expertise in cultivating high-quality cotton, modern textile clusters are being developed here. In the city of Bukhara, there are plans to build a textile complex under the “Kurt Baver” brand, designed to produce 62,000 tons of goods annually. Meanwhile, in the Romitan district, a 400-million-dollar cotton-textile cluster is being established with the involvement of Chinese investors. As part of these projects, investors have also proposed developing 9,000 hectares of land. This will make it possible to increase the share of high value-added products to 65 percent and create additional export opportunities worth $100 million.
Tourism is another key area for the development of Bukhara.
"The combination of ancient monuments, cultural heritage, and modern infrastructure makes Bukhara a favorite destination for tourists. The new tourism center in Bukhara, where today’s event is taking place, is intended to serve this noble purpose," noted the Head of State.
The center will feature the "Boqiy Buxoro" (Eternal Bukhara) cultural and ethnographic park, an exhibition hall, modern hotels, and various cultural and entertainment facilities. Furthermore, plans are in place to open hotels under international brands—such as Indigo, Holiday Inn, and Hilton—within the city of Bukhara.
"In total, we will begin implementing 19 major projects in Bukhara worth a total of $3 billion. If we organize this work systematically, we will be able to export tourism services worth $5 billion in Bukhara alone," the President emphasized.
Over the next five years, we plan to fully supply the population of the Bukhara region with drinking water, and large cities and regional centers with sewerage networks. Two major projects, worth a total of $633 million, have already begun implementation in collaboration with international partners. These projects will improve the water supply for 2 million residents, and 781,000 people will gain access to drinking water for the first time.
Furthermore, seven road projects worth $565 million are planned, aimed at tripling the region's transit potential.
The President symbolically launched new facilities and launched construction of promising projects with the push of a button. Dialogue with foreign investors took place.
Here, the head of our state heard reports on the preparation of Bukhara's infrastructure for the summits scheduled for 2027, and gave the relevant instructions.
The Head of State noted that over the past nine years, the region has attracted $9.5 billion in foreign investment, leading to the creation of more than 6,000 new industrial facilities and 120,000 permanent jobs. These achievements are reflected in rising employment levels, increased household incomes, and the expansion of export markets for local enterprises.
"Drawing upon its great historical legacy, Bukhara is now rapidly entering an era of new development and ambitious projects," the President remarked.
A program comprising 145 projects, with a total value of $7.8 billion, has been established. These initiatives span a wide range of sectors, including petrochemicals, textiles, construction materials, mechanical engineering, energy, mining, pharmaceuticals, digital technologies, logistics, agriculture, the food industry, housing, infrastructure, services, and tourism. Fifty-five projects, valued at $654 million, are being brought online, while construction is commencing on another 90 projects worth $7.1 billion.
The projects involve investors from the United States, Canada, Germany, Japan, the Republic of Korea, Singapore, China, Vietnam, Turkey, the UAE, Saudi Arabia, Russia, and India, as well as the Asian Development Bank, the Asian Infrastructure Investment Bank, and domestic entrepreneurs. According to projections, the implementation of these projects will create over 14,000 jobs, generate an annual production output valued at 22 trillion soums, and facilitate exports totaling 510 million dollars.
“Our goal is singular: to manufacture products that replace imports and are in demand in foreign markets,” the President stated.
The region is also actively expanding its energy capacity. In recent years, 2 billion dollars in investments have been attracted to the “green” energy sector. Wind and solar power plants—with capacities of 1,000 megawatts and 750 megawatts, respectively—have been commissioned, alongside energy storage systems with a capacity of 63 megawatts. Furthermore, 601 kilometers of high-voltage power transmission lines have been constructed.
In the Gijduvan district, the 300-megawatt “Bosh-2” wind power plant is currently under construction with the participation of the company ACWA. In the Jondor and Peshku districts, Toyota Corporation and Sinoma are building wind power plants with a combined capacity of 1,000 megawatts. Additionally, a 165-million-dollar project is planned for the Kagan district—in collaboration with Chinese partners—to generate electricity from municipal waste. A 150-million-dollar project is also set to launch with the German company Leman, aimed at ensuring the sustainable operation of pumping stations along the Amu-Bukhara canal.
Leveraging the region’s expertise in cultivating high-quality cotton, modern textile clusters are being developed here. In the city of Bukhara, there are plans to build a textile complex under the “Kurt Baver” brand, designed to produce 62,000 tons of goods annually. Meanwhile, in the Romitan district, a 400-million-dollar cotton-textile cluster is being established with the involvement of Chinese investors. As part of these projects, investors have also proposed developing 9,000 hectares of land. This will make it possible to increase the share of high value-added products to 65 percent and create additional export opportunities worth $100 million.
Tourism is another key area for the development of Bukhara.
"The combination of ancient monuments, cultural heritage, and modern infrastructure makes Bukhara a favorite destination for tourists. The new tourism center in Bukhara, where today’s event is taking place, is intended to serve this noble purpose," noted the Head of State.
The center will feature the "Boqiy Buxoro" (Eternal Bukhara) cultural and ethnographic park, an exhibition hall, modern hotels, and various cultural and entertainment facilities. Furthermore, plans are in place to open hotels under international brands—such as Indigo, Holiday Inn, and Hilton—within the city of Bukhara.
"In total, we will begin implementing 19 major projects in Bukhara worth a total of $3 billion. If we organize this work systematically, we will be able to export tourism services worth $5 billion in Bukhara alone," the President emphasized.
Over the next five years, we plan to fully supply the population of the Bukhara region with drinking water, and large cities and regional centers with sewerage networks. Two major projects, worth a total of $633 million, have already begun implementation in collaboration with international partners. These projects will improve the water supply for 2 million residents, and 781,000 people will gain access to drinking water for the first time.
Furthermore, seven road projects worth $565 million are planned, aimed at tripling the region's transit potential.
The President symbolically launched new facilities and launched construction of promising projects with the push of a button. Dialogue with foreign investors took place.
Here, the head of our state heard reports on the preparation of Bukhara's infrastructure for the summits scheduled for 2027, and gave the relevant instructions.
Powered by Froala Editor