AGP Executive Report
Last update: 11 hours agoEnergy Reform: Uzbekistan will cut mandatory advance payments for electricity and gas for businesses using automated accounting systems (ASCUE/ASCG) from 100% to 15%, aiming to ease cash-flow pressure on firms. Construction Cost Rules: From 2027, new construction estimate rules will standardize man-hour payments (5% of the minimum wage) and set contractor profit margins (7%) plus design margins (4%–7%). Small Hydropower Push: Uzbekistan plans to simplify micro-HPP approvals and change auction rules by also setting a guaranteed minimum electricity tariff, targeting stalled investment in small and micro hydropower. Green Energy Deal: A China-supported 20 MW wind project in Bostanlyk (four 5 MW turbines) has been completed, expected to power tens of thousands of households and cut gas use and CO2 emissions. Regional Trade & Logistics: Uzbekistan and Azerbaijan are set for high-level talks under the Supreme Interstate Council, with a focus on expanding trade, business cooperation, and transport corridors; Uzbekistan also plans a 500,000-ton logistics center at Georgia’s Poti port in 2027 and practical steps toward Anaklia. Cross-border Business Links: Azerbaijan’s Ilham Aliyev highlights rapid growth in Azerbaijan–Uzbekistan trade and points to the $500m Azerbaijan-Uzbekistan Investment Company as a key platform for joint projects. Tajikistan Trade Snapshot: Tajikistan’s foreign trade turnover rose 42.3% in Jan–July 2026 to $7.94bn, with exports up 57.2% and China remaining the top partner. Aviation & Tourism: Hyatt’s Destination by Hyatt brand debuts in Uzbekistan with Beldersoy Resort and Spa in Chimgan, featuring a thalasso-inspired spa. Rail Connectivity: Uzbekistan completed an 11 km rail link from Urganch station to the international airport, targeting about 650,000 passengers a year.
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