Tashkent to launch 265 investment projects worth $7.5 billion by year-end

On May 14, the president reviewed a presentation on the renovation and investment projects planned as part of Tashkent’s new master plan, which extends to 2045.

According to a Cabinet of Ministers resolution, the master plan for the capital through 2045 has been officially approved. The plan divides the city into three zones: conservation, reconstruction, and renovation.

The renovation zone includes old low-rise buildings and structures that no longer meet modern urban planning and seismic safety standards. These will be gradually replaced with modern residential and infrastructure complexes in a phased manner.

During the presentation, upcoming measures in this direction were outlined. It was noted that the master plan identifies over 300 sites for renovation. In the first phase, covering 2025–2026, 65 renovation projects will be carried out. These efforts aim to enhance the functionality of urban spaces, improve living conditions, and beautify the environment. As a result, the gap between outdated and modern neighborhoods will gradually close, fostering greater urban harmony. New developments will preserve existing trees and introduce new green areas.

The head of state emphasized the importance of thoroughly evaluating these projects in terms of architectural integrity and alignment with the city's infrastructure. He also stressed the need to ensure their safety based on geological and seismic studies. Residential buildings, he added, should be integrated with social infrastructure such as schools, kindergartens, and recreational zones.

The president described green spaces as the “lungs” of a city and canals as its “circulatory system.” Consequently, the new master plan places particular emphasis on landscaping and water drainage. Specifically, it envisions tripling the area of green spaces in Tashkent and its suburbs to 25,000 hectares, which will require upgrading the city's irrigation networks.

The presentation also covered the irrigation and drainage system aligned with the new master plan. By 2030, 100 kilometers of canals are to be reconstructed, with pedestrian zones established along their banks.

Studies on drainage system issues were conducted in collaboration with the Turkish company Su-Yapi Engineering and Consulting. Using aerial photography, geodetic data, and rainfall analysis, a master plan for system modernization was developed. Last year, 45 flood-prone zones were mitigated, and this year, work will extend to another 34 sites.

The president underscored the need to continue this work, expand its scope, and train specialists in the field.

The meeting also included an update on the progress of investment projects in the capital. Tashkent currently has 717 investment projects totaling $25 billion. This year alone, $7.5 billion is expected to be utilized, with 265 projects scheduled for launch. These initiatives include the construction of residential complexes, shopping and entertainment centers, and the development of new industrial enterprises, creating thousands of jobs.