{"id":12290,"date":"2025-11-05T16:51:19","date_gmt":"2025-11-05T11:51:19","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/a-smart-city-will-be-built-near-tashkent-for-10-billion\/"},"modified":"2025-11-05T19:12:05","modified_gmt":"2025-11-05T14:12:05","slug":"a-smart-city-will-be-built-near-tashkent-for-10-billion","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/a-smart-city-will-be-built-near-tashkent-for-10-billion\/","title":{"rendered":"A smart city will be built near Tashkent for $10 billion"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>$10 billion is the largest project in the history of Uzbekistan, creating a financial and technological hub of Central Asia. 6400 hectares &#8211; the size of a medium-sized city. Anglo-Saxon law will attract Western investors who avoid the Soviet legal system. The Al-Khwarizmi Center and the university with a capacity of 75 thousand will create personnel for IT, FinTech, and green energy. The status of the SEZ is tax and customs benefits, as in Dubai, Singapore.    <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>Central Asia Smart City \u043d\u0430 6400 \u0433\u0430 \u0432 \u0410\u0445\u0430\u043d\u0433\u0430\u0440\u0430\u043d\u0435, \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u0438 $10 \u043c\u043b\u0440\u0434, 2025-2035;<\/li>\n<li>Initial stage \u2014 500 hectares: financial center, logistics;<\/li>\n<li>Smart &amp; concept; Green City: housing, business, high-tech centers;<\/li>\n<li>Managing company \u2014 Going Investment, partners \u2014 France, Japan, Turkey;<\/li>\n<li>Special status \u2014 Anglo-Saxon law, tax benefits;<\/li>\n<li>University for 75 thousand places, Al-Khwarizmi Center.<\/li>\n<\/ul>\n<h3>Project scale<\/h3>\n<ul>\n<li><strong>Area:<\/strong> 6400 ha (64 km2) \u2014 medium-sized city. For comparison: Tashkent City \u2014 about 50 hectares, Dubai Marina \u2014 200 hectares. <\/li>\n<li><strong>Investments:<\/strong> $10 billion is the largest project in the history of Uzbekistan. It exceeds the budget of Navoiy SIZ ($5 billion) and Jizzakh SIZ ($3 billion) combined. <\/li>\n<li><strong>Duration:<\/strong> 2025-2035 (10 years) \u2014 implementation in stages.<\/li>\n<li><strong>Initial stage: <\/strong>500 hectares for a financial center, logistics, strategic construction. The remaining 5900 hectares are gradual development. <\/li>\n<\/ul>\n<h3>Smart &amp; concept; Green City<\/h3>\n<ul>\n<li><strong>Smart:<\/strong> city management technologies \u2014 IoT, AI, big data for transport, energy, security, services. Example: smart traffic lights, energy-saving buildings, automated cleaning. <\/li>\n<li><strong>Green:<\/strong> ecology \u2014 solar and wind power plants, electric transport, parks, waste recycling.<\/li>\n<li><strong>Housing and business:<\/strong> modern neighborhoods, offices, shopping centers, entertainment.<\/li>\n<\/ul>\n<h3>Key elements<\/h3>\n<ul>\n<li><strong>Financial center:<\/strong> banks, insurance companies, investment funds, stock exchange \u2014 a hub for Central Asian capital.<\/li>\n<li><strong>Logistics:<\/strong> warehouses, transport hubs \u2014 connection with China, Europe, Russia through railways and highways.<\/li>\n<li><strong>Al-Khwarizmi Center:<\/strong> an international center of knowledge and technology \u2014 research in IT, FinTech, \u201cgreen\u201d energy, biotechnologies.<\/li>\n<li><strong>University:<\/strong> 75 thousand places \u2014 the largest in the region. Training of personnel for IT, finance, engineering. <\/li>\n<li><strong>High-tech centers:<\/strong> energy (solar, wind), transport (electric vehicles, smart logistics), communication (5G, data centers).<\/li>\n<\/ul>\n<h3>Special legal status<\/h3>\n<ul>\n<li><strong>Anglo-Saxon law: <\/strong>a system adopted in the USA, Great Britain, Singapore, and Dubai. It will attract Western investors who fear the Soviet legal system with its low protection of contracts and corruption. <\/li>\n<li><strong>SEZ<\/strong> status \u2014 tax and customs benefits (exemption from VAT, income tax for 5-10 years), simplified visa, freedom of foreign exchange transactions.<\/li>\n<\/ul>\n<h3>Partners<\/h3>\n<ul>\n<li><strong>Going Investment:<\/strong> management company, project initiator.<\/li>\n<li><strong>Byuro Veritas Consulting (France):<\/strong> an international consulting company specializing in certification and project management.<\/li>\n<li><strong>Ainergy (Japan):<\/strong> a company in the field of energy, green technologies.<\/li>\n<li><strong>ND Imar Inshaat ve Ticaret (Turkey):<\/strong> construction company, will develop a master plan and master plan.<\/li>\n<li><strong>Uzbekistan Economic Assembly:<\/strong> Local Organization, Project Coordinator.<\/li>\n<\/ul>\n<h3>Implementation stages<\/h3>\n<ul>\n<li><strong>2025-2027:<\/strong> initial stage \u2014 500 hectares, financial center, logistics, infrastructure (roads, electricity, water).<\/li>\n<li><strong>2028-2032:<\/strong> expansion \u2014 housing, business centers, university, Al-Khwarizmi Center.<\/li>\n<li><strong>2033-2035:<\/strong> completion \u2014 development of the remaining 5900 hectares, a full-fledged city with 500+ thousand residents.<\/li>\n<\/ul>\n<h3>Context<\/h3>\n<ul>\n<li><strong>Ohangaron: <\/strong>an industrial city 70 km from Tashkent, connected by a high-speed railway (30 minutes). The developed infrastructure and proximity to the capital make it ideal for a megaproject. <\/li>\n<li><strong>$10 billion \u2014 an analogue of Dubai:<\/strong> Dubai began with similar projects (Dubai Marina, Business Bay), attracting foreign capital through SEZs, Anglo-Saxon law, and tax incentives.<\/li>\n<li><strong>Central Asia Financial Center:<\/strong> Kazakhstan created Almaty City (AFC), Uzbekistan is responsible for Central Asia Smart City. Competition for regional capital ($50+ billion). <\/li>\n<li><strong>The university with a capacity of 75 thousand<\/strong> people is the largest in the region and will create personnel for IT, finance, and engineering. For comparison: NUUz \u2014 20 thousand students. <\/li>\n<li><strong>Anglo-Saxon law:<\/strong> a key advantage for Western investors. Singapore, Dubai, Hong Kong are using this system, attracting trillions of dollars. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Central Asia Smart City in Ohangaron will occupy 6400 hectares. The initial stage is 500 hectares for the financial center and logistics. Smart &amp; concept; Green City: housing, business, high-tech centers of energy, transport, \u201cgreen\u201d energy.  <\/p>\n","protected":false},"author":4,"featured_media":12286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/11\/690b5b35d7822.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":12286,"YlB8HH34jIzY":"A smart city will be built near Tashkent for $10 billion"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[3548,2118,2226,2143],"class_list":["post-12290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-aqlli-shahar","tag-economics","tag-infrastructure","tag-investments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A smart city will be built near Tashkent for $10 billion &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Central Asia Smart City in Ohangaron will occupy 6400 hectares. 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