Akin Advises DP World on $288 Million Joint Venture with Tashkent Invest to Develop Multimodal Logistics Terminal in Uzbekistan
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(Dubai) — Akin advised DP World, a leading global provider of logistics solutions controlled by the Government of Dubai, on its strategic joint venture with Tashkent Invest, a subsidiary of the Tashkent City Administration.
The joint venture will develop and operate a state-of-the-art multimodal logistics terminal near Tashkent, Uzbekistan. The project represents a significant step forward in enhancing regional connectivity and supply chain resilience across Central Asia.
Under the terms of the agreement, Tashkent Invest will contribute 15% of the joint venture’s equity capital, with DP World holding the remaining 85%. The total investment in the project exceeds $288 million, to be deployed across three phases.
The Akin team was led by corporate partner Svetlana Volevich and the wider team included corporate senior counsel Alexander Trukhtanov, counsel Arsen Khachikyan and associate Nikolay Ryashin.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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