The center with a total area of 400 hectares, with a throughput capacity of 35 thousand people. and 5 thousand trucks per day in both directions is intended to become a major industrial, trade and logistics platform for the implementation of joint investment projects in such promising areas as the agro-industrial complex, light industry and manufacturing sector.
On 23 April 2021, on the initiative of Uzbekistan, a business forum "Border Integration - the Key to Development" was held in Ferghana. Along with the heads of the border regions - Batken (Kyrgyzstan), Sughd (Tajikistan) and Ferghana (Uzbekistan), representatives of local industrial and agricultural enterprises took part in the event. The holding of the business forum can be safely regarded as a significant achievement in improving economic ties between the border regions of the three countries.
In addition, the parties are taking steps to deepen regional cooperation in the field of water use. A working group has been created to develop proposals on all areas of water relations between Uzbekistan and Kazakhstan and Tajikistan.Â
The Regulations are being developed on the establishment of a joint bilateral water management commission with Kyrgyzstan in order to achieve a constructive solution on the issues of the water and energy sector.Â
Interaction with Turkmenistan is fruitfully developing within the framework of a trilateral working group with the participation of the Amu Darya basin water management organization.
Practical measures are being developed to launch the full-fledged operation of a single energy ring in Central Asia. An agreement was reached with Kyrgyzstan on mutual supplies of electricity in the amount of up to 750 million kWh. "At a conditional price" per 1 kWh, which will allow filling the Toktogul reservoir and providing Uzbekistan with water during the growing season 2021-2023.
The planned jointly with Tajikistan construction of two 320 MW HPPs on the Zarafshan River is an important step in regional cooperation in the use of transboundary water resources. In addition, Tashkent has shown its readiness to participate in projects for the construction of the Kambar-Ata and Rogun hydroelectric power plants.
According to the World Bank, improving the use of hydropower potential and joint planning of capacity reserves in the region in 2020-2030. can bring CA countries up to US$6.4 billion in economic benefits.
Secondly, a consolidated and predictable Central Asia is becoming more attractive in economic and investment terms.
The total GDP of the countries of the region grew from US$253 billion in 2016 to US$302.8 billion in 2019. In the context of a pandemic, this indicator at the end of 2020 decreased by only 2.5%, amounting to US$295.1 billion.Â
At the same time, the intraregional trade showed impressive indicators. The total volume of foreign trade of the region in 2016-2019 grew by 56%, reaching US$168.2 billion.
