AGP Executive Report
Last update: 5 hours agoDigital Economy & Investment: Saudi DataVolt secured $150m in financing for a 12MW “TAS-1” data centre in Tashkent, with construction starting in May 2024 and expected operation in late 2026; the deal is backed by major international finance institutions and could expand to two further 250MW centres by 2030, with Beeline Uzbekistan flagged as a potential anchor tenant. Korea–Uzbekistan Economic Diplomacy: At the Korea-Uzbekistan Business Forum in Tashkent, South Korean President Lee Jae Myung urged deeper cooperation amid supply-chain and geopolitical uncertainty, while Uzbek officials pitched reforms and incentives for investors. Transport & Urban Projects: Korean partners highlighted modernization of Urgench airport via a PPP with Incheon, and Uzbekistan’s “New Tashkent” plan—an envisioned 20,000-hectare new administrative/business city—plus Korea’s KIND and Incheon Airport’s interest in airport, smart city and bio-cluster projects. Trade & Industry: Uzbekistan’s light industry push drew attention from Korean firms, with officials saying textiles have shifted from raw cotton exports to finished goods (about 65% of exports) and that support programs and standards certification are expanding. Parliamentary Support: Korean lawmakers pledged to broaden ties beyond energy and manufacturing into supply chains, advanced industries like AI/robotics, and cultural exchange ahead of a September summit.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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