On June 1, the FIC organized a meeting of the Working Group on Privatization and Public-Private Partnerships (PPPs).
The event aimed to shed light on the recent developments and future plans in various sectors of Uzbekistan's economy, particularly in the areas of privatization, and PPPs.

The meeting began with opening and welcoming remarks from the representatives of FIC, European Bank for Reconstruction and Development (EBRD), and Ministry of Investments, Industry and Trade (MIIT). This was followed by a presentation of the Privatization Law, which highlighted the key features and objectives of the law. The attendees were given an opportunity to ask questions and share their thoughts on the topic.

MIIT also presented on the projected Tashkent International Finance Centre, which aims to attract foreign investment and promote financial market development in Uzbekistan. Next, the participants discussed the current status of PPP policy and program development, including the institutional setup, capacity of government agencies, and other impediments in developing PPP projects.

Numerous public-private partnership (PPP) projects are planned to be implemented in Uzbekistan from 2022 to 2026 across various sectors. As of 2023 there are 154 PPP projects, valued at around $14 billion, which will be implemented in sectors such as energy, transport, healthcare, education, ecology, communal services, and water management.

In the energy sector, 11 projects are planned, with negotiations and tender processes already underway for several projects. Notable projects include the construction of thermal and solar power plants by Electricite de France, InSolar B.V., and Siemens energy global, as well as the construction of solar photoelectric power plants by Masdar, Voltalia, and GD Power - Powerchina consortium.

In the transport sector, preparations and studies are ongoing for five projects, including the construction of toll highways, a highway with a tunnel, and the modernization of airports.

The utility industry has one ongoing project for the modernization of a sewage treatment plant, while preparations are underway for two other projects in communal services.

The healthcare sector has ongoing tender processes for a major project to establish a therapy medical center, with preparations for two other large projects in progress. Lastly, the education sector has six projects in the pipeline for the construction and establishment of general education schools, kindergartens, and student accommodations.

Lastly, the education sector has six projects in the pipeline for the construction and establishment of general education schools, kindergartens, and student accommodations.