24 August 2026
Construction has started in the special industrial zone of Yozyovon district, Fergana region, on a plant developed with the Chinese manufacturer Xiang Yang Tenglong Automobile. Reported at 170 million dollars across 10 hectares, with a capacity of 700 electric buses a year for the domestic market and for export, and commissioning set for December 2027. Electric cargo vehicles are planned to follow.
According to Spot.uz, a mobile data center previously owned by Turkiston Bank has been put up for sale through the E-auksion platform. The asset is being sold following a decision made by the bank creditors meeting in late October. Turkiston Bank went bankrupt in October 2022, and the economic court declared the credit institution bankrupt in February 2023.
According to Gazeta.uz, the 500 kV Koltsevaya substation was put into operation in Tashkent Region on 7 November. The facility will improve the reliability of power supply to the capital and parts of Tashkent Region, as well as more optimally distribute the load on existing electrical networks. The total cost of the project, implemented with the participation of the World Bank, amounted to 171.4 million US dollars, according to the press service of the Ministry of Energy of Uzbekistan.
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