On October 12, a ceremony was held in New Tashkent to open seven facilities with a total value of $1 billion and to begin construction of ten more projects worth $2.5 billion. The event was attended by the President of Uzbekistan, Shavkat Mirziyoyev. The urban development project has been underway for about three years. The first phase involves investments of $50 billion, the creation of 2 thousand hectares of green zones and 500 hectares of parks, as well as the construction of 150 million square meters of residential and commercial buildings. To date, the volume of completed work has reached $2 billion.

Among the commissioned facilities are the first phase of the Shark Bahori residential complex with approximately 7 thousand apartments, the Yangi Toshkent substation, a trigeneration plant, the building of the Chamber of Commerce and Industry, the Sohil Bogi park, and a school for 2 thousand students. The power plant, created with the participation of Turkish MIMSAN for $73 million, will provide heating and cooling for 100 thousand households and will generate electricity. $95 million was allocated for the substation and high-voltage lines, built jointly with Chinese Haocheng Industry Group Limited. Also, 18 km of roads, 13 km of sewage networks, and 4.5 km of water pipelines have been laid.

Among the new initiatives is Deep Tech Park, specializing in high-tech manufacturing and semiconductors. $320 million is provided for its creation, and the total cost of future projects in the area could reach $1.7 billion. Together with Finnish MariMatic, a waste collection system with electricity generation is planned to be implemented. In addition, solar panels with a total capacity of 20 MW will be installed on the roofs of apartment buildings.