Telecom Company in Uzbekistan

Date：10 March 2025

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In December 2024, Silk Road Fund (SRF) partnered with Deutsche Bank, Uzbekistan Fund for Reconstruction and Development (UFRD) and other institutions in providing financing support to JSC Uzbektelecom, with SRF making its investment in the currency of Renminbi. As Uzbekistan’s largest telecommunications operator, JSC Uzbektelecom holds a leading position in both the fixed and mobile network markets, and has become the first operator in the country to launch a commercial 5G network. This represents the first investment implemented under the China-Uzbekistan Joint Investment Platform, a key outcome of the First China-Central Asia Summit held in 2023. It demonstrates SRF's tangible contributions to the "Digital Uzbekistan 2030" strategy and the advancement of digital infrastructure connectivity in the region.