Dentons advises on US$300 million PPP hospital project in Uzbekistan. {AB70CE1F-71F8-4AB1-A194-9FAC0B7DD45E} April 22, 2026 Tashkent - Global law firm Dentons has acted as the lead legal counsel to the Ministry of Economy and Finance, and the Ministry of Health of the Republic of Uzbekistan in the development of a multidisciplinary hospital in Fergana Region. The facility is set to become the largest healthcare project in Central Asia implemented under a public-private partnership (PPP) model, setting a new benchmark for public-private collaboration in healthcare. The total investment in the project is approximately US$300 million, with a construction period of 36 months. The PPP agreement was signed by the Ministry of Health and private partners Vision International Investment Company (Saudi Arabia) and KOC Construction Mekanik Elektrik Fe LLC (Uzbekistan). The Government of Uzbekistan represented by the Ministry of Economy and Finance entered into a government support agreement with the private partner. The private consortium will be responsible for the full life cycle of the project, covering the design, financing, construction, equipping, and long-term technical maintenance of an 800-bed facility operating at international standards. The project aims to provide residents of Fergana Region and neighboring areas with access to advanced, high-technology tertiary medical services and complex procedures such as cardiac surgery, neurosurgery, and organ transplantation. Consolidating existing specialized medical institutions into a single, integrated complex equipped with advanced modern diagnostic and treatment infrastructure is expected to significantly improve resource efficiency and elevate the quality of care. It will also reduce the need for patients to seek treatment outside the region or abroad. The project structure was developed with strategic support from the International Finance Corporation (IFC, World Bank Group) and financing from Germany's Federal Ministry for Economic Cooperation and Development (BMZ), and will be implemented under the Presidential Decree on PPP development for 2024-2030. The project is being positioned as a pilot model for effective public-private partnership in the healthcare sector. If successful, this PPP model could be scaled and replicated across other regions of Uzbekistan to support the development of nationwide modern medical infrastructure. Dentons advised the Ministry of Health, the Ministry of Economy and the Ministry of Finance of the Republic of Uzbekistan, drafting and negotiating all project documents (tender documentation, the Government Support Agreement and the Public-Private Partnership Agreement) in close consultation with IFC (financial advisor), PwC and Archus (technical advisors). Dentons also advised during the tender as well as the execution stage. Uzbekistan Managing Partner Eldor Mannopov and Amsterdam-based Partner Başak Küçük led Dentons' cross-border legal team, which included Tashkent-based associate Javokhir Tashpulatov and Amsterdam-based associates Mees Olthof and Sybren van der Velden. About dentons. Redefining possibilities. Together, everywhere. For more information visit dentons.com

Dubai's AriseIIP plans $3bn investment for industrial projects across Kenya. Funding to develop industrial and export parks forms part of Kenya's strategy to boost foreign investment. Dubai-based AriseIIP has announced plans to invest more than $3bn for industrial projects in Kenya in the next five years, the company's executive director Nikhil Gandhi told Reuters. The infrastructure developer will direct funds towards three industrial and export parks as well as the Rivatex textiles firm. The projects include two export zones along Kenya's coast and one in Naivasha, Rift Valley. AriseIIP intends to contribute between 30% and 40% of the investment for an equity stake, while the remaining capital will be sourced through debt from development finance institutions and additional lenders. This initiative marks the company's first investment in Kenya, though the company has previously carried out significant developments in Benin and Gabon. The firm, which is owned by Afreximbank's private equity unit (FEDA), Africa Finance Corporation, UAE-based Equitane Group and Saudi Arabia's Vision Invest, will collaborate with KCB Group and Afreximbank to create an $800m facility that will support future investors occupying the new zones. Gandhi stated that firms from Lebanon, China and India have expressed interest in participating, but did not provide specific names. Furthermore, Gandhi noted that changes in global supply chains, influenced by geopolitical tensions such as conflict in Iran and increased US tariffs, could result in advantages for some African countries. Kenya is currently seeking to attract further foreign investment as part of its economic development strategy. "We are looking to attract global companies from more than 14 countries globally to set up their manufacturing base here," Gandhi said. "People will shift value chains to this continent. In the context of where Kenya lies, I can already see a tectonic shift." Give your business an edge with its leading industry insights.

Dubai-based pan-African industrial developer Arise Integrated Industrial Platforms (Arise IIP) raised USD 700 mn from Saudi infrastructure developer Vision Invest, according to a press release.