Tashkent—Partner Shukhrat Yunusov, associates Asol Iskhaeva and Zukhra Azimova, and junior associate Latofat Rakhmanova from Dentons’ Tashkent office have contributed a chapter to the fifth edition of The Project Finance Law Review, published by Law Business Research.

Uzbekistan’s economy and legislation are in their formative stages. Project financing in sectors such as industrial manufacturing, infrastructure, construction and energy, plays an important role in the country’s development. The Uzbek government has repeatedly emphasized the importance of attracting investment and laying the macroeconomic foundation for a favorable investment climate. Recognizing the important role of international financial institutions in the development of the investment climate the government is also making an effort to cooperate with them.

Moreover, Uzbekistan is committed to improving its attractiveness to investors by addressing the concerns of businesses in the country. To keep up with socio-economic development, state bodies are actively working on reforming legislation to put sophisticated arrangements on a statutory footing. The number of project finance and PPP projects is expected to increase steadily.

In the Uzbekistan chapter of The Project Finance Law Review, Dentons provides a comprehensive analysis of the year in review, as well as an outlook on future developments in Uzbekistan, covering the below topics:

1. Year in review
2. Financing sources and methods
3. Documents and transactional structures
4. Security and collateral
5. Bonds and insurance
6. Environmental, social and governance issues
7. Foreign investment and cross-border issues
8. Outlook and conclusions

To download the Uzbekistan chapter in The Project Finance Law Review, click here.

The Project Finance Law Review 2023 is a guide to legal and commercial implications of project finance across 9 jurisdictions.

About Dentons

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com