Chinese investors are set to develop an LED lamp production plant and a 4-star hotel in Bukhara, Uzbekistan, backed by a series of agreements established during a recent investment delegation tour. Discussions focused on education, tourism, mineral extraction, and various joint initiatives with major Chinese companies, reflecting a robust economic partnership.

Chinese investors are poised to initiate several significant projects in Uzbekistan’s Bukhara region, including the establishment of a production plant for LED lamps and the construction of a four-star hotel. According to the regional khokimiyat’s press service, these initiatives are part of a broader strategy to enhance economic cooperation.

A delegation from Bukhara, led by Deputy Khokim Rizo Asadov, undertook a mission to Shenzhen, Zhongshan, and Shenyang from March 16 to 22, 2023. The delegation engaged in discussions with prominent Chinese business leaders and government officials to attract foreign investments.

During the Shenyang visit, Asadov conferred with Vice Mayor Liu Kebin on various collaborative efforts across education, tourism, and healthcare sectors. He also met with Deputy Head of Liaoning Province Shan Yi to discuss opportunities related to mineral resource extraction and the development of joint industrial zones. The two regions signed a memorandum of cooperation in the process.

A business forum in Shenzhen included participation from 60 Chinese companies, which resulted in several agreements with notable firms such as Shenzhen Water Technology and battery manufacturer Enermall. Another forum hosted in Liaoning saw 40 businesses engage, leading to a $10 million partnership with Qitong Tea for tea plantation and production projects in Bukhara.

Highclass Solar Light has confirmed plans to establish the LED lamp production facility and construct the four-star hotel in Bukhara, amounting to a total investment of $10 million. Additionally, Guangdong Chant Group is planning to implement a cogeneration system serving a residential complex of 5,000 apartments in the region.

Further agreements include Taili Group’s initiative to establish an academy for personnel training and marketing, Yoye Wisdom’s project to localize textile production for European export, and Lesso’s involvement in construction developments.

In 2025, China remained Uzbekistan’s leading trade partner, with bilateral trade reaching $2.08 billion, representing a slight decrease from $2.12 billion in 2024 but an increase from $1.33 billion in 2023. China’s share encompassed 19.2% of Uzbekistan’s overall trade.

In conclusion, the investment initiatives by Chinese investors in Uzbekistan’s Bukhara region signify a strengthening economic relationship between the two nations. The establishment of a LED lamp production facility and a four-star hotel, alongside a variety of collaborative projects in education and tourism, highlights future growth potential. Despite minor fluctuations in trade values, China’s role as Uzbekistan’s primary trade partner remains significant, paving the way for further cooperation and investment opportunities.

Original Source: daryo.uz

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