As the Fourth Tashkent International Investment Forum unfolds in Tashkent, enterprises from the Chinese mainland are actively seeking investment opportunities in Uzbekistan.
The Chinese mainland has become Uzbekistan\u0019s largest trading partner and a significant source of investment, shifting focus from traditional energy and infrastructure to new energy and high-tech manufacturing.
Located in the heart of Central Asia, Uzbekistan plays a key role in regional cooperation and participates in the Belt and Road Initiative proposed by the Chinese mainland and other platforms within the Shanghai Cooperation Organization framework, opening doors for green dialogue.
Under the "Uzbekistan\u00132030" strategy, introduced as the blueprint for President Shavkat Mirziyoyev\u0019s new term, Uzbekistan is prioritizing green energy development and launching large-scale projects to create a favorable investment environment.
Green energy is now central to bilateral cooperation. As the Chinese mainland accelerates its own green, low-carbon transformation, it works with Belt and Road partners to build a "Green Silk Road."
During the recent "Central Asia Expedition" media tour, CGTN reporters witnessed a milestone: the wind farm built by enterprises from the Chinese mainland in the Bukhara region has begun commercial operations. Fully integrated into Uzbekistan\u0019s national grid, it is set to generate 3.6 terawatt-hours of clean energy annually, cutting CO2 emissions by 1.6 million tonnes. Uzbekistan aims for renewables to account for 50 percent of total energy consumption by 2030.
Electric vehicles (EVs) are another pillar of Uzbekistan\u0019s green push. The factory established by the Chinese mainland automaker BYD in the Jizzakh region boasts an initial annual production capacity of 50,000 cars. Supported by government incentives, EV sales have soared, positioning Uzbekistan as Central Asia\u0019s leading adopter of electric vehicles.
With technological strengths in solar, wind, hydropower and EV manufacturing, the Chinese mainland is a vital partner in Uzbekistan\u0019s move toward sustainable energy.
Discussions at the 2023 China-Central Asia Summit in Xi\u0019an and upcoming meetings in Astana underscore a shared commitment to green economy cooperation. These efforts could drive long-term benefits for Uzbekistan and the entire Central Asian region.
Reference(s):
China and Uzbekistan's green energy partnership for sustainable growth
cgtn.com
