Logistics provider DP World and Tashkent Invest have launched a joint venture to develop a new multimodal logistics terminal near the Uzbek capital.
DP World Tashkent LLC – a joint venture of DP World (85%) and Tashkent Invest (15%) – will oversee development of the international transport and logistics hub, which aims to support trade between Central Asia, the Middle East, and Europe.
The multimodal logistics terminal will be located on an 82-hectare site in the Yangi Avlod Special Industrial Zone, in the Yangihayot region of Tashkent.
It will built in three phases, with investment totalling US$288m (£216m).
Phase one involves the construction of a 150,000 TEU a year rail terminal and 63,000m2 warehouse complex by the end of 2026/2027. Further warehouse capacity of up to 163,000m2 is planned in later phases, depending on demand.
Once fully operational, the Tashkent hub will feature a rail connected dry port for containers and covered cargo, customs clearance zones, vehicle storage areas, truck parking and Grade A warehouses and cross-docking facilities.
It will have direct access to Uzbekistan’s national rail network, major highways, and Tashkent International Airport, allowing efficient multimodal cargo transfer between road, rail, and air.
Shavkat Umurzakov, mayor of Tashkent said: “The agreement initiates the development of a transport and logistics hub, which will significantly increase the capital’s production and export potential.”
Due to its location within a special industrial zone, the project will benefit from customs and tax incentives, ensuring the smooth integration between logistics, manufacturing and export operations.
“The Tashkent Multimodal Logistics Terminal will bring world-class infrastructure and smart logistics capabilities to the region, improving the efficiency of supply chains and supporting businesses across industries,” said Sultan Ahmed bin Sulayem, group chairman and CEO of DP World.
Recently, DP World revealed it has agreed to collaborate with payment provider PayPal on a cross-border digital payments initiative.
