Uzbekistan launches 47 projects worth $7 billion in Karakalpakstan
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President Shavkat Mirziyoyev chaired a meeting in Nukus on Karakalpakstan's socio-economic development. The region's economy grew 10.2% in the first half of 2026, second only to Tashkent. Construction began on 47 new projects worth $7 billion, including a 1,500 MW wind plant in Kungrad.
Key Facts
- Karakalpakstan's economy grew 10.2% in the first half of 2026, ranking second after Tashkent.
- Investment in Karakalpakstan reached $1.7 billion last year, 22 times more than in 2021.
- Green energy's share in total electricity generation reached 23%, with 860 MW of new capacity commissioned.
- Electricity production rose fourfold to 5.33 billion kWh, nearly three times annual demand.
- By 2030, wind capacity is planned to reach 3,300 MW, raising green energy's share to 76%.
Economic Growth
Karakalpakstan's economy grew 10.2% in the first half of 2026, second only to Tashkent. Investment reached $1.7 billion last year, 22 times more than in 2021. Profit, land, and property taxes were halved, the industrial electricity tariff was cut by 15%, and the social tax was set at 1%.
Green Energy Expansion
860 MW of new energy capacity was commissioned in recent years. Wind stations in Beruniy and Qorao'zak raised green energy's share to 23%. Electricity production rose fourfold to 5.33 billion kWh, nearly three times annual demand. By 2030, wind capacity is planned to reach 3,300 MW, raising green energy's share to 76%, with 400 MW of storage capacity.
New Projects
Construction began on 47 new projects worth $7 billion. The largest is a $2.6 billion, 1,500 MW wind plant in Kungrad. The project includes 1,500 km of high-voltage transmission lines and three 500 kV substations. President Mirziyoyev also launched two wind stations with a combined capacity of 300 MW and a 100 MW energy storage system in Qorao'zak district.
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