Experts reviewed new major energy sector projects
A roundtable was convened with regulators, international insurers, and global advisory firms to align Uzbekistan’s investment-protection framework with the requirements of international lenders.
Acwa, the world’s largest private water desalination company, a leader in the energy transition, and a first mover in green hydrogen at scale, has joined regulators, international insurers, and global advisory firms for a roundtable in Tashkent on insurance and risk management for large-scale infrastructure projects.
Participants at the event agreed on a roadmap for regular exchange of knowledge and experience between Uzbekistan’s market participants and international counterparts. Regulators from the National Agency for Prospective Projects, the Central Bank, and the Ministry of Economy and Finance, along with representatives of the insurance industry and international specialists, discussed prospects for attracting foreign investment into Uzbekistan’s energy sector.
Participants observed that Uzbekistan has built a strong foundation for its energy sector and highlighted that disciplined project execution and aligning national insurance products with global standards will be crucial over the next two years.
Abdulhameed Al Muhaidib, Global CFO of Acwa: “Uzbekistan is a major growth market for Acwa, highlighted by projects such as the Bash and Dzhankeldy Wind Farms and the Samarkand Solar Plant. The government’s efforts have created a bankable environment, and with global investment standards rising, Uzbekistan is well positioned to adapt its insurance and risk-transfer frameworks to sustain foreign investment and ensure long-term energy security”.
In 2025 alone, Uzbekistan commissioned a series of facilities with a total capacity of 3,500 MW, underscoring the strong momentum of its energy sector reforms. Maintaining this pace requires attracting additional capital and enhancing the country’s investment appeal.
Following the event, the participants exchanged views on expanding cooperation in Uzbekistan’s energy sector, improving the investment climate, and securing sustainable financing for major projects.
Nasiba Ziyodullayeva, UzA
