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Tashkent City · Tashkent Invest Company JSC

Municipal pipeline, $15B+

Seven infrastructure and redevelopment programmes offered by the Municipality of Tashkent through its operator, Tashkent Invest Company. Unlike a factory site, these are concessions and partnerships — the investor takes a position in a long-term municipal asset.

$15.2B+
disclosed investment
7
programmes
3,200+ ha
renovation area
PP-73
legal framework, Feb 2026
The legal sandbox

Presidential Resolution #73 of 24 February 2026 introduced a district-based renovation model: land consolidation, master planning and coordinated infrastructure delivery. The sequence is fixed — territory selection → owner agreement (≥80%) → clearance and preparation → master planning → lot structuring → investor entry → development. TIC acts as master developer: it consolidates land, finances early-stage work, clears sites and delivers investment-ready plots. That matters to a foreign investor because it removes the two hardest parts of the Uzbek market — assembling title and dealing with existing owners — before entry.

Real Estate & Redevelopment~$14B

Urban Renovation Program

Presidential Resolution #73 (24 February 2026) established a district-based renovation model with land consolidation, master planning and coordinated infrastructure delivery. Investment companies act as operators, structuring projects and enabling private and foreign investor participation. Priority pilot sites: Sergeli district (100 ha, flagship large-scale cluster), Yashnabad district (22 ha, mid-scale regeneration), Mirabad district (12.9 ha, prime central).

  • Redevelop outdated residential areas across the city
  • Enable sustainable population growth and densification
  • Increase land-use efficiency and municipal revenues
  • Attract long-term institutional capital through PPP models
Timeline2025–2030 (pipeline to 2035)
Revenue modelDirect investment & partnership with TIC
Scale>3,200 ha across 220 plots
Stage: 18 of 106 land plots contracted with investors/developers
Transport & Logistics~$400M

Gateway Logistics & Mobility Hubs

A network of hubs sited outside the Big Ring Road, together with reorganisation of patrol posts. Target partners: logistics operators (3PL and port operators).

  • Relocate freight outside the urban core
  • Reduce congestion on city roads
  • Enable modal shift to public transport
  • Reduce emissions and logistics costs
Timeline2026–2027
Revenue modelBOT · DBFOM concession
Scale5 hubs + 5 reconstructed patrol posts
Stage: In negotiation with operators, investors and architectural firms; seeking design financing
Utilities & Environment~$400M

Wastewater Treatment Plant

A new large-scale plant outside the urban core providing modern, scalable and environmentally compliant wastewater management.

  • Replace overloaded existing facilities
  • Reduce environmental risks
  • Support continued city growth
  • Create a bankable PPP utility asset
Timeline2026–2030
Revenue modelBOT · DBFOM concession
Stage: In negotiation with operators and investors; seeking financing for preliminary research
Power Infrastructure~$15M each

Electric Substations Development

Phased development of 25 substations. At ~$15M per substation the full programme is on the order of $375M; six are in scope for the current year.

  • Relieve overloaded grid infrastructure
  • Meet rapidly growing electricity demand
  • Support urban expansion and supply reliability
Timeline2026–2030
Revenue modelLong-term EPC+F
Scale25 substations (110/35/10 kV) · 6 tendered this year
Stage: In negotiation with operators and investors
Social InfrastructureNot disclosed

Schools & Kindergartens

Template-based, standardised designs deployed city-wide. The investment figure is not disclosed in the published pool.

  • Address growing demand for education infrastructure
  • Enable rapid, cost-efficient deployment through standardised designs
  • Support demographic growth and urban expansion
  • Create portfolio-scale investment opportunities
Timeline2026–2027
Revenue modelEPC+F · PPP
ScaleAcross all 12 districts
Stage: Searching for EPC+F contractors
Urban GreeningNot disclosed

Municipal Nursery Project

  • Supply planting material for city greening programmes
Timeline2026
Revenue modelInvestor & operator partnership
Stage: Finalising agreement terms with investor and operator
Circular EconomyNot disclosed

Construction Waste Recycling

Directly coupled to the Urban Renovation Program: large-scale demolition creates a continuous feedstock.

  • Process construction and demolition waste generated by the renovation programme
Timelinefrom May 2026
Revenue modelTo be structured
Stage: Research / feasibility phase

Partnership formats

TIC, on behalf of the Municipality, works with strategic investors, operators, EPC contractors and financial institutions. Structures are tailored to project scale and risk profile.

Public-private partnership
Concession-based DBFOM / BOT / BOOT
Joint venture
Equity participation
EPC+F structures
Engineering & financing
Strategic investment
Direct equity funding
Sovereign / IFI co-financing
Development fund cooperation

Figures as published in the municipal project pool of 19 June 2026. 3 of the 7 programmes do not disclose an investment figure and are excluded from the total above. Support for the partnership is confirmed in writing by the city authority.

Interested in a Tashkent programme?

TIC acts as a one-stop coordination platform, ensuring structured entry, regulatory support and long-term alignment with the Municipality. Full project documentation available on request.

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