MIFT signed agreements with investors from the UAE

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​The Ministry of Investment and Foreign Trade announced the signing of two agreements with investors from the UAE:

  • An agreement on the implementation of a project to build 400 MW wind farm in the Navoi region of Uzbekistan with Masdar. The cost of the project was previously estimated at 500 million USD.
  • An agreement on the privatization of existing and the construction of new power units on the basis of Talimarjan TPP JSC with Mubadala. The construction of an additional 900 MW block was previously estimated at 1.063 billion USD. Credit financing for the project was previously confirmed by ADB and EBRD.

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