The Ministry of Investment, Industry, and Trade of Uzbekistan, together with the Andijan Regional Administration and the Chinese company Hainan Xintanbo Investment, has signed a strategic agreement to implement large-scale investment projects. According to the agreement, the total volume of foreign investment into the region's economy will exceed $1.4 billion.

The cooperation program includes four key areas that are expected to fundamentally transform the region's infrastructure. In New Andijan (Bobur), construction will begin on a multifunctional residential complex that meets modern urban planning standards. In Khanabad, plans are underway to establish an international logistics center—a so-called Dry Port—which will significantly expand the region's export-import capabilities.

Special attention is given to developing tourism potential and engineering networks. A new recreational facility—the Artificial Lake tourism complex—will be established in the region. Concurrently, the Chinese investor will allocate funds for the construction of road and engineering-communication infrastructure, which will serve as a foundation for Andijan's future economic growth.

Hainan Xintanbo Investment, a company specializing in development and infrastructure, plans to complete the projects within established timelines. The implementation of these initiatives is expected to create over 2,000 new jobs. This agreement represents another practical step in expanding Uzbek-Chinese investment partnership and is aimed at the comprehensive development of the country's eastern region.

Source: podrobno.uz