Key Takeaways:
On April 17, 2026, the Uzbekistan President signed decree PQ-143 to launch the Besqala Mining Valley in Karakalpakstan. NAPP will streamline licensing as companies pay a 1% revenue fee to support the 2035 regional budget goals. Mining firms must integrate with the ASKUE system by 2026 to ensure transparent energy use and grid stability. Streamlined Licensing and GovernanceThe Uzbekistan President Shavkat Mirziyoyev has signed a decree establishing a specialized crypto-mining district in the Republic of Karakalpakstan. The project, titled “Besqala Mining Valley,” aims to formalize the mining industry while driving economic growth and technological innovation in the region.
A dedicated directorate will oversee the zone’s administration, acting as a one-stop shop for legal entities seeking residency. Under the new regulations, companies registered within Besqala Mining Valley will benefit from a streamlined licensing process. For example, once the directorate grants a legal entity resident status, the National Agency of Perspective Projects (NAPP) will issue a mining permit without requiring additional documentation.
The decree places a heavy emphasis on financial integrity. Applicants for residency must undergo rigorous vetting to ensure they are not involved in economic crimes, money laundering or the financing of terrorism. Any individual or entity with an active criminal record or suspected links to organized crime will be barred from the zone.
