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The President holds a meeting with foreign investors

16.04.2025

In the framework of the visit to Andijan region President Shavkat Mirziyoyev held a meeting with the representatives of foreign companies planning to implement investment projects in the region.

As has been mentioned during today’s meeting, it’s planned to put into operation 763 small and micro hydroelectric power stations with a total capacity of 24 megawatt in the region in the current year, and next year – additional 20 megawatt.

One of the Chinese companies expressed readiness to organize production of necessary equipment for such hydroelectric power stations in the region. The constructed stations will be maintained free of charge during a year.

On the eve, a large-scale program of improvement and construction in the city of Babur was announced. Many investors have expressed interest in participating in the construction of the new city.

In particular, a Chinese investor intends to invest $250 million in the construction of a modern multifunctional complex. According to the project, a business center, a hotel, shopping malls and houses for 3 thousand apartments will appear on the area of 55 hectares.

Detailed information on this and other projects was presented at the meeting. The Head of State instructed the responsible persons to intensify the work on attracting investments, establish close interaction with investors and create all necessary conditions for them.

The President's visit to Andijan region concluded here. The Head of State returned to Tashkent.


 

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