BIOGRAPHY

Ilkhom Makhkamov, born 1979 in Tashkent, has served as Minister of Transport of Uzbekistan since October 2020. A graduate of the Tashkent Automobile and Road Construction Institute, he previously held the First Deputy Minister post and led major communal-sector agencies.

Where will the largest capital flow inside Uzbekistan's transport sector over the next 36 months?

The 2026 disbursement plan reaches $1.2 billion across 47 projects. That is a 129 percent rise on last year. Foreign investment alone accounts for $988.8 million, up 131 percent. Roads take the largest share. The Committee for Roads will deploy $442 million across 14 projects, up 148 percent year on year, with construction beginning on 800 kilometers of high-speed motorway across five corridors: Tashkent–Samarkand, Tashkent–Andijan, Tashkent–Bostanlyk, Pungan–Namangan, Karshi–Shakhrisabz. Tashkent–Samarkand breaks ground in March. The remaining four follow by 1 July. Uzbekistan Railways accounts for $404.1 million across 18 projects, a 115 percent rise. Electrification finishes this year on four lines: the 196.2-kilometre Miskin–Nukus stretch, Khavast–Dashtabad, Samarkand–Urgut and Baytkurgan–Parkent. The second high-speed Navoi–Bukhara line is commissioned in the same window.

The Ministry runs a further $246.7 million directly across 10 projects, a 134 percent increase. Uzbekistan Airports adds $112.9 million across 5 projects. Beyond the headline figures, the procurement pipeline is broad: the Bekabad industrial zone railway branch, two domestically assembled EP3D electric trains, an international tender for 20 further trainsets, and the modern electric service launching on the Tashkent–Baytkurgan–Parkent route. Not one of these projects carries a state guarantee.

More: https://invest.miit.uz/document/services/portal/The Investor Interviews docs/ILKHOM MAKHKAMOV/8218df065aaa41809dddcb970ba6b624Minister Transport.pdf