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SUBC · 2026Saudi · UzbekBusiness Council
Official platform · Established 2026

Two economies.
One window for capital.

The Saudi–Uzbek Business Council connects Saudi investors with priority projects across Uzbekistan, and Uzbek companies with Vision 2030 opportunities in the Kingdom.

SLA

Five business days. One channel. Two governments.

Council Live · 09 May 2026
UTC+3 · UTC+5
Active pipeline
$12.0B
9 sectors
Committed
$3.4B
2023–2025
Members
60+
sovereign + private
Response
5 days
business
Capital flow · last 30d$1.84B
Renewables
$702M
Logistics
$405M
Agro-industry
$313M
Hospitality
$239M
Other
$184M
WIRE
Aloqabank · privatisation tender · sealed bids close 14 May
Samarkand 1.4 GW · final bids due May 2026
Jeddah Halal Park · 40% allocation reserved for Uzbek processors
PIF × UzDIF $1B co-investment framework signed
Khiva UNESCO Resort · concept paper available on request
Under the patronage of
Established by bilateral intergovernmental agreement, signed June 2023.
Numbers

Bilateral momentum, audited quarterly

Q1 2026 · update 12 APR
Bilateral trade
$1.2B
2025, +38% YoY
01
Active project pipeline
$12B
across 9 sectors
02
Committed investments
$3.4B
signed 2023–2025
03
Council members
60+
anchor companies
04
Pipeline

Featured pipeline

Investment-ready projects, curated jointly by MIIT (Tashkent) and MISA (Riyadh). Each carries a designated case officer.

Uzbekistan · Navoiy Region
SUBC/001
miningbrownfield

Navoi Copper Smelter — Phase II expansion

Doubling of cathode copper output at Almalyk Mining and Metallurgical Combine’s Navoi facility, with downstream wire rod and tube fabrication.

Ticket
$850M
$700M–$950M
Interest
5
submissions
Readiness
30%
AK
Aziza Kamilova
Case officer
Express interest
Uzbekistan · Samarkand Region
SUBC/002
energyppp

Samarkand Solar Cluster (1.4 GW)

Three utility-scale PV plants with battery storage, structured under a 25-year PPA with the Uzbek single buyer.

Ticket
$1.2B
$1.0B–$1.3B
Interest
12
submissions
Readiness
47%
BY
Bakhtiyor Yusupov
Case officer
Express interest
Uzbekistan · Tashkent Region
SUBC/003
agriculturegreenfield

Tashkent Cold Chain & Agro Logistics Hub

Modern cold chain platform supporting fruit and vegetable exports to GCC, with 80,000 m² of climate-controlled storage.

Ticket
$220M
$180M–$240M
Interest
19
submissions
Readiness
64%
MK
Madina Khasanova
Case officer
Express interest
Saudi Arabia · Riyadh Province
SUBC/004
tourismjv

Qiddiya Hospitality Training Academy

Joint venture to train 5,000 hospitality professionals annually for the Qiddiya entertainment city, leveraging Uzbek vocational education partners.

Ticket
$95M
$80M–$110M
Interest
26
submissions
Readiness
81%
FA
Faisal Al-Otaibi
Case officer
Express interest
Saudi Arabia · Tabuk Region (NEOM)
SUBC/005
textilesindustrial

NEOM Textile Supply Programme

Long-term supply contracts for technical textiles to the NEOM construction programme, with co-investment in a finishing plant in Tabuk.

Ticket
$140M
$120M–$160M
Interest
8
submissions
Readiness
38%
YA
Yousef Al-Harbi
Case officer
Express interest
Uzbekistan · Fergana Region
SUBC/006
textilesgreenfield

Fergana Vertically Integrated Textile Park

Cotton-to-garment park integrating spinning, weaving, dyeing and CMT lines on a single campus, with anchor off-take from Saudi and Turkish brands.

Ticket
$320M
$280M–$360M
Interest
15
submissions
Readiness
55%
DS
Dilnoza Saidova
Case officer
Express interest
Sectors

Where capital is moving

Twelve priority sectors with published shortlists and dedicated working groups.

Selected sector
Energy & renewables
Pipeline
$8.6B
Projects
4
$0B$9B
Process

Three steps from interest to deal

01

Discover

Browse the public project register, country briefs, and sector deep-dives. Filter by ticket size, region, and partnership format.

Day 0
02

Engage

Submit Express Interest on any project. Within five business days, the Secretariat introduces you to the project sponsor and responsible ministry.

Day 1–5
03

Execute

Move into structured negotiations with full visibility of incentives, regulatory pathway, and Council support throughout closing.

Week 6+
For investors

Investor Cabinet

A private workspace for every investor — application history, saved projects, document room, and a direct line to the Secretariat.

  • Full history of every submission and its status
  • Secure document room per project
  • Alerts when project state changes
  • Direct line to your case officer
subc.org / cabinet
EN · UZ · ع
Welcome
Al-Rajhi Holding Group
Verified investor
Applications
07
Active
03
Saved
11
Recent applications
Samarkand Solar Cluster
In negotiation21 Mar
Aloqabank 49% stake
Under review08 Apr
Navoi Copper Smelter II
Meeting approved12 Apr
Workplan

Council workplan · 2026

done active next
Q1 2026
Public launch

Council platform live; first 25 priority projects published.

Q2 2026
Tashkent Forum

Saudi–Uzbek Investment Forum, Tashkent. First Joint Committee.

Q3 2026
Sector roadshows

Mining & metals, agro-processing, renewables.

Q4 2026
Annual Council

Annual meeting; bilateral investment outlook.

Anchor members
PIF
UzDIF
Almalyk MMC
ACWA Power
SALIC
Almarai
stc
Uztextileprom
Aloqabank
Riyad Capital
UzAgroExport
Bin Faqih
Secretariat

Single point of contact

Co-Chairs at ministerial level. Permanent Secretariat in Tashkent and Riyadh. Working groups across nine sectors.

Tashkent
01
Mustaqillik Avenue
UTC+5 · 09–18 Mon–Fri
Riyadh
02
King Fahd Road
UTC+3 · 08–17 Sun–Thu