Dubai - Mubasher: DP World has partnered with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop a $288 million multimodal logistics terminal over three phases.

The project aims to strengthen Uzbekistan’s logistics network and boost its position as a regional trade hub, according to a press release.

Under the agreement, DP World will hold 85% of the joint venture (JV), while Tashkent Invest will hold the remaining 15%.

Located in the Yangi Avlod Special Industrial Zone, the terminal will cover 82 hectares and feature a dry port, customs zones, truck parking, and advanced warehouses.

Phase one will deliver a 150,000 TEU rail terminal and 63,000 square meters (m²) of warehouse space by the end of fiscal year (FY) 2026/2027.

An additional 163,000 m² of warehousing capacity is planned for subsequent phases, depending on demand.

The hub will connect directly to the national rail network, highways, and Tashkent International Airport.

The project leverages tax and customs incentives and is expected to reduce logistics costs and enhance Central Asia’s trade connectivity.

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said: “This partnership reflects our commitment to supporting Uzbekistan’s vision of becoming a major logistics and trade hub in Central Asia.”

“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,” he added.

Shavkat Umurzakov, Mayor of Tashkent, commented: "The agreement initiates the development of a transport and logistics hub, which will significantly increase the capital's production and export potential. With its world-class infrastructure, Tashkent will become even more convenient for both local and global businesses." 

DP World’s investment leverages its global logistics expertise to position the Tashkent terminal as a key trade link between Central Asia, the Middle East, and Europe.

Its strategic location and multimodal design will also strengthen supply chains and boost regional trade competitiveness.

Earlier this month, DP World signed an agreement with PayPal to launch a digital payments platform that will cut cross-border transaction time from a week to just minutes.