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SUBC · 2026Saudi · UzbekBusiness Council
Pipeline

Investment-ready projects

Curated by the Council Secretariat in coordination with sponsoring ministries. Each project carries a designated case officer and a clear engagement pathway.

12 projects

UzbekistanOpen for interest

Brownfield·Navoiy Region

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
$700M–$950M
Sector
mining
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UzbekistanOpen for interest

PPP·Samarkand Region

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
$1.0B–$1.3B
Sector
energy
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UzbekistanOpen for interest

Greenfield·Tashkent Region

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
$180M–$240M
Sector
agriculture
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Saudi ArabiaOpen for interest

Joint Venture·Riyadh Province

Qiddiya Hospitality Training Academy

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

Ticket
$80M–$110M
Sector
tourism
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Saudi ArabiaOpen for interest

Industrial cooperation·Tabuk Region (NEOM)

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
$120M–$160M
Sector
textiles
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UzbekistanOpen for interest

Greenfield·Fergana Region

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
$280M–$360M
Sector
textiles
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UzbekistanOpen for interest

Greenfield·Khorezm Region

Khiva UNESCO Luxury Resort

180-key heritage luxury resort within the buffer zone of the UNESCO-listed Itchan Kala, targeting GCC long-stay travellers.

Ticket
$60M–$90M
Sector
tourism
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UzbekistanIn negotiation

Strategic·Kyzylkum (Navoiy)

Kyzylkum Uranium ISL Block

Joint development of an in-situ leach uranium block with Navoiyuran, supplying long-term offtake to the Saudi nuclear power programme.

Ticket
$420M–$540M
Sector
mining
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UzbekistanOpen for interest

Privatisation·Tashkent

Privatisation — Aloqabank (49% stake)

Strategic investor sought for a 49% stake in Aloqabank, the digital-leading Uzbek commercial bank.

Ticket
$380M–$450M
Sector
finance
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Saudi ArabiaOpen for interest

Industrial cooperation·Makkah Province

Jeddah Halal Food Industrial Park

Co-investment in a halal food industrial park serving the Hajj and Umrah supply chain, with 40% allocation reserved for Uzbek processors.

Ticket
$150M–$200M
Sector
agriculture
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UzbekistanOpen for interest

Greenfield·Bukhara Region

Bukhara Integrated Poultry Cluster

Vertically integrated poultry cluster — feed mill, hatchery, broiler farms and slaughterhouse — targeting domestic substitution and GCC export.

Ticket
$110M–$150M
Sector
poultry
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Saudi ArabiaOpen for interest

Startup·Riyadh

Saudi–Uzbek Fintech Co-Investment Fund

$120M co-investment fund for fintech startups operating in Saudi Arabia and Uzbekistan, anchored by SUBC and a leading Saudi PE house.

Ticket
$80M–$140M
Sector
ict
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