A family-owned holding group with a long-term mandate

Investing at the intersection of national development and commercial excellence.

A long-term mandate in Central Asia's most dynamic market.

37M
Population
6.5%
Annual GDP Growth
$2.4B
Privatisation Programme

Tohirov Group was founded on a simple premise: that the most compelling investment opportunities of the next generation lie in Central Asia's industrial transformation. As Uzbekistan navigates its most significant economic transition since independence — opening markets, privatising state assets, and modernising its industrial base — we are positioned to acquire and build the assets at the centre of that transformation.

We are a family-owned group, which means we think in decades, not quarters. Our capital is patient, our relationships are deep, and our commitment to the countries and communities in which we invest is absolute. We do not seek quick returns; we seek to build enduring value in assets that matter.

Our portfolio spans energy, automotive manufacturing, financial services, and industrial infrastructure — the building blocks of a modern economy. Each investment is selected for its strategic position within Uzbekistan's economic architecture, its potential for long-term value creation, and its alignment with the nation's development priorities.

Aerial city view

Tashkent — the heart of Central Asia's economic transformation.

Principles over cycles.

Long-Term Conviction

We invest with a multi-decade horizon. Our capital is patient and our conviction is deep — we do not react to short-term noise.

National Alignment

The best investments in emerging markets are those that serve national development priorities. We build assets that matter to the country.

Operational Excellence

We are not passive financial investors. We bring operational rigour and institutional discipline to every asset we acquire.

Family Stewardship

As a family-owned group, our reputation is indivisible from our conduct. We operate with the integrity of a name, not a fund.

Building with intent.

2026

Foundation

Tohirov Group established with initial focus on energy and automotive sectors in Uzbekistan. First strategic acquisitions identified.

2026

Dubai Operations

Dubai DIFC office launched to connect portfolio assets to international capital markets and strategic partners. Financial services sector entry.

2027

Portfolio Expansion

Target acquisition of three to four additional industrial assets across financial services and infrastructure. Regional footprint established.

2030

Regional Platform

Establish Tohirov Group as the pre-eminent family-owned industrial holding company in Central Asia with a portfolio exceeding $3B in deployed capital.

Our Commitment
“We are not building companies. We are building the industrial foundation of a nation.”

Asliddin Tohirov, Founder & Chairman

Explore our sectors.

Four verticals. One strategic vision for Central Asia.