The Azerbaijan-Uzbekistan Investment Company (AUIC) has announced new investments in projects in Uzbekistan across higher education, digital infrastructure, and retail sectors.
In the education sector, AUIC acquired a stake in the American University of Technology in Tashkent, which operates in partnership with Cintana Education and Arizona State University. The volume of direct investment amounted to USD 2 million. The funds will be allocated to developing the university’s infrastructure and strengthening its material and technical base. AUIC views its participation in this project as an opportunity to make a practical contribution to the development of a modern academic environment that fosters the training of competitive specialists and strengthens the country’s scientific and educational potential.
“The project is aimed at developing international academic cooperation, implementing educational and management practices, and supporting the institutional development of Uzbekistan’s higher education system,” said a company representative.
The development of digital infrastructure in Uzbekistan is accompanied by growing demand for data centers, computing capacities, and IT solutions. In this context, AUIC invested USD 1.7 million in a joint venture with Engineering+ in the technology sector. The project envisages localizing the production of next-generation data center equipment based on ICE+ immersion cooling technology, including micro data centers and high-performance servers for artificial intelligence and cloud computing workloads. Production is targeted at both the domestic market and exports to Central Asia and the Middle East.
The company also invested USD 15 million in a local retail chain. The deal is aimed at scaling the network, developing logistics infrastructure, and optimizing operational processes.
Earlier reports indicated that AUIC’s investments in individual projects range from USD 1 million to USD 25 million, with capital directed to projects in several economic sectors, including education, manufacturing, logistics, healthcare, and food processing.
