Tashkent is set to launch large-scale infrastructure and industrial megaprojects worth billions of dollars following agreements reached at the third Uzbekistan-China Interregional Forum held in Xi’an.

The total value of investment projects amounts to $3.35 billion, while export contracts signed during the forum reached $156 million, The Caspian Post reports via Anhor.uz.

The agreements, involving the Tashkent city administration, cover key sectors including transport, construction, industry, ecology and urban infrastructure. The initiatives aim to modernize the capital and make it more livable, efficient and safer for residents.

A major focus has been placed on transport development and urban engineering systems. Around $1 billion will be allocated to BRT public transport systems, overpasses and road network modernization, while another $1 billion is planned for broader transport and social infrastructure projects.

Additional investments include $400 million for drainage, irrigation and stormwater systems; $500 million for residential renovation and modern housing complexes; $100 million for 24/7 commercial “brand streets”; $150 million for decorative stone production; $50 million for smart waste-sorting equipment; and $150 million for ceramic manufacturing.

A separate package of agreements targets the development of the Yangi Avlod Special Industrial Zone, where Chinese companies including Jwise, Zhongke Honghu, CAS Cloud and UMGG signed $130 million in investment deals.

The projects will be financed under an EPC+F model, with funding provided by Chinese partners without using the state budget or government guarantees. Payments are expected to be made in phases over the long term through new city revenue streams.

In addition, the forum resulted in export contracts for jewelry, cotton yarn and silver concentrate, further expanding Uzbekistan’s trade links with Chinese partners.