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Home Finance & Markets

Chinese investor advances Kokand trade complex and hotel in Uzbekistan

Staff Writer by Staff Writer
12/31/2025
in Finance & Markets, Geopolitics, News
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The hokim of Ferghana region, Khayrullo Bozorov, met with Chinese investor Yao Guifan to discuss a major construction scheme in the city of Kokand that would include a shopping complex, a business centre, a hotel and facilities for public services. The meeting, held in Tashkent, emphasised the Ferghana region’s improving investment climate and the potential local benefits from foreign direct investment.

China investment in Uzbekistan targets Kokand development

According to officials, both sides stressed the economic and social importance of the planned development. The investor signalled strong interest in advancing the project and noted that the complex could become a hub for retail and professional activity in Kokand. Hokim Bozorov outlined measures to refine the proposals and offered comprehensive support to ensure the construction begins promptly.

Local authorities highlighted several priorities for the project. Job creation featured prominently in the discussion, with officials estimating that construction and subsequent operations could generate significant employment for residents. The proposal also includes public service spaces intended to increase access to amenities for the local population.

Environmental considerations formed a key part of the planning. The developer proposed the inclusion of green zones within the site design to improve air quality, offer recreational space and reduce the carbon footprint of the development. Ferghana regional officials welcomed this approach and indicated they would work with the investor to meet environmental standards.

The meeting reflected a broader push by Uzbek authorities to attract sustainable investment. Ferghana has been promoting a favourable regulatory environment, streamlined permit processes and incentives for priority projects. Officials said these measures have created clearer pathways for investors to move from planning to implementation.

Hokim Bozorov reiterated the administration’s readiness to provide logistical and administrative assistance, including land allocation support and coordination with municipal services. He also urged the parties to finalise technical and contractual details quickly so that construction can start without delay.

Both sides agreed on further steps to advance cooperation, including follow-up meetings and the formation of a working group to address design, permitting and environmental assessment. No precise construction timeline was announced, but officials indicated they expect progress in the coming months.

Observers say the Kokand scheme, if realised, could strengthen local commerce, support small and medium enterprises that supply the complex and boost hospitality services through the hotel component. For regional planners, projects of this type are central to efforts to diversify the economy and raise living standards outside the capital.

The involvement of a Chinese investor is consistent with growing economic ties between Uzbekistan and China. Over recent years Beijing has become a major partner for infrastructure and commercial projects across Central Asia. For Ferghana, securing foreign capital for mixed-use developments is a way to accelerate urban renewal and create new employment pathways for local communities.

Officials concluded the meeting by committing to maintain close contact and expedite necessary approvals. The next stage will focus on technical surveys, environmental reviews and finalising the investment agreement. Both parties said they are optimistic that the project will move forward and deliver tangible benefits to Kokand and the wider Ferghana region.


Key Takeaways:

  • Ferghana hokim met Chinese investor Yao Guifan to discuss a shopping complex, business centre, hotel and public service facilities in Kokand.
  • Project aims to create jobs and include green zones to ensure environmental sustainability.
  • Regional authorities pledged full support and agreed next steps to expedite construction.
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