Daily Turkic

ANALYSIS: Mirziyoyev is betting Bukhara can carry Uzbekistan's next decade

04 November 2026, 07:25 UTC - Daily Turkic - Original post on Telegram

ANALYSIS: Mirziyoyev is betting Bukhara can carry Uzbekistan's next decade

ANALYSIS: Mirziyoyev is betting Bukhara can carry Uzbekistan's next decade

President Shavkat Mirziyoyev's November 3 visit to Bukhara was not a routine regional tour. It came with a package worth about 30 billion dollars in initiatives, a new airport, a toll road, a refinery upgrade and a tourism cluster, all aimed at one ancient city. That scale tells you Bukhara is being groomed as a second engine for Uzbekistan, not just polished as a museum.

The background is a country growing fast and feeling the strain. Uzbekistan's economy grew 8.3 percent in the first nine months of 2026, foreign investment reached 44.3 billion dollars in the same period, and the central bank is still holding rates at 14 percent because demand is running hot. Growth like that needs new outlets: airports, roads, hotels and export capacity outside Tashkent.

Bukhara fits because it solves several problems at once. A 300 million dollar airport, due by Independence Day, plus a Samarkand to Bukhara toll road, turns a heritage city into a fly-in destination. The plan to double foreign visitors, from 3.5 million this year toward 7 million, is ambitious, but it is anchored in real assets: the old city, the Seven Pirs pilgrimage sites, Paykent and Varakhsha. The 328 million dollar refinery upgrade, doubling capacity to 5 million tons a year, adds industrial weight so the region is not only selling hotel rooms.

The constraints are delivery and water. The airport deadline is tight, the refinery leans on 279 million dollars in foreign loans, and the promise to lift central drinking water coverage from 80 to 95 percent is the kind of basic-services pledge voters actually feel. Tourism clusters also fail quietly when transport, guides and services do not keep up with the marketing.

What makes this bet different from a ribbon-cutting tour is the sequencing: transport first, capacity second, visitors third. If the airport and road land on time, Bukhara stops being a day trip from Samarkand and becomes a destination in its own right, with jobs that stay in the region.

What to watch: whether the airport really opens by Independence Day; whether the toll road breaks ground next year as planned; and whether visitor numbers move toward 7 million without the water and service problems that usually follow a tourism boom.

#Uzbekistan #Analysis

Source: https://t.me/daily_turkic/4046