Central Asia
Sujiaoke wins a large order of 2.3 billion yuan from Uzbekistan
Seetao 2026-07-12 10:41
  • This is a vivid epitome of China's engineering industry using financing to drive the entire chain of overseas expansion
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The streets of Tashkent are bustling with traffic, and a major change is brewing at seven key intersections. When the engineering team of Sujiaoke laid out the drawings on the planning map of the capital of Uzbekistan, a new infrastructure artery connecting China and Central Asia has quietly emerged. On July 7, 2026, this domestic engineering consulting giant teamed up with its subsidiary Jiangsu Yanning to finalize a heavyweight contract worth 2.3 billion yuan with local state-owned enterprise Tashkent Investment Company for the reconstruction and maintenance of local roads and roadside infrastructure. This order is equivalent to 55.18% of Sujiaoke's annual revenue in 2025, and its weight is self-evident.

Financing leverages the large market

Unlike the traditional approach of 'bringing capital in', this project adopts the EPC+F model. This means that Sujiaoke not only has to be responsible for the entire process of design, procurement, and construction, but also bears the heavy responsibility of project financing. However, the risks of this model were cleverly resolved: the financing was settled in RMB and underwritten by China Export and Credit Insurance Corporation. This not only locks in exchange rate risk, but also solves the urgent need for the owners to raise funds. For the Tashkent city government, this financing and engineering package solution precisely fills the capacity gap of "having money to build but no one to build" in the local area. It is worth noting that although the contract has been signed, it still needs to wait for the approval of the Uzbekistan presidential decree or cabinet decree before it can officially come into effect. The real start of construction still needs to wait for official instructions.

Deeply cultivating Central Asia to demonstrate strength

Opening up the overseas history of Sujiaoke, Uzbekistan is not its first stop. As early as 2025, the company won the 500kV prefabricated cabin substation project in the country, and then expanded its business to Oman, winning the bid for the Ibri energy storage project and realizing the design and supply of 400kV high-voltage prefabricated cabin substations. From substations to current municipal transportation, Sujiaoke is weaving a tight project network in Central Asia and the Middle East. The five-year construction period of the Tashkent project is not only a vote of trust in its technical strength, but also lays a solid foundation for its continued penetration in the Central Asian market.

New sample of full chain going global

From a simple construction team to today's integrated service provider of design, financing, construction, and operation, the logic of China's infrastructure going global is being restructured. The dispute resolution mechanism for this project was chosen to be conducted at the Hong Kong International Arbitration Centre, reflecting the contractual spirit of international standards. With the launch of the first phase Mirzo Ulugbek intersection tunnel project in 2026, this "combination punch" with RMB financing as the core and CITIC Protection Airlines is gradually becoming a standard configuration for Chinese enterprises to compete in the Central Asian market. keywords:Engineering infrastructure

When the first excavator breaks ground in the future, China's infrastructure in Central Asia will no longer be just a blueprint for individual buildings, but a blueprint for the development of the entire city.Editor/Yang Meiling

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