Japan and Uzbekistan are exploring a broader pipeline of investment and industrial cooperation, with discussions focusing on infrastructure, manufacturing localization and the development of new public-private partnership projects.
Japanese business invited to Samarkand projects
Representatives of Sakura Global Holding, Sakura Seiki, JA Hokkaido Central Union and other Japanese organisations took part in negotiations on expanding trade, economic and investment ties with Uzbekistan. The talks also covered opportunities for Japanese companies to participate in joint infrastructure, industrial, education, healthcare and tourism initiatives.
Particular attention was given to the participation of Japanese businesses in the development of a special economic zone in Samarkand. The agenda included localising production, attracting foreign investors and using public-private partnership mechanisms to implement projects. These priorities could create entry points for companies seeking a production base or regional expansion platform in Uzbekistan, although the commercial appeal of individual projects will depend on the conditions eventually offered to investors.
Cooperation to continue under existing memorandum
The participants confirmed their readiness to continue cooperation under the memorandum of understanding signed in July 2024. They also agreed to expand direct business contacts and promote joint initiatives. Medical education and the establishment of a university clinic were among the other areas discussed, indicating that the partnership is intended to combine commercial projects with longer-term institutional cooperation.
For international companies in furniture, construction, interior and exterior manufacturing, trade, design and architecture, the discussions signal a developing investment environment around Samarkand’s special economic zone and Uzbekistan’s wider industrial localisation agenda. Japanese involvement may bring additional demand for construction, fit-out, equipment, project management and business services, while the continued implementation of the memorandum will be important in determining whether these prospects develop into bankable projects.
