Azizbek Akhmadjonov
Partner
Overview
Azizbek Akhmadjonov is the Managing Partner and Head of Real Estate & Construction practice at Kosta Legal. He brings over 20 years of notable experience in navigating the complexities of commercial law focusing on construction, real estate, dispute resolution, corporate law, corporate restructurings and insolvency, financial lease, and secured lending matters.
Being one of country’s well-known experts in Uzbek real estate and construction law, Azizbek offers unparalleled legal support to owners, developers and private equity investors. He guides clients through every phase of real estate transactions, from legal diligence to designing and negotiating contracts and post-closing matters, ensuring that every legal nuance is addressed. Azizbek has extensive experience in land allocation and acquisition, obtaining licenses and permits, as well as construction and commissioning of properties.
In addition to his real estate capabilities, Azizbek is a sought-after specialist in financial lease and secured lending. With extensive experience advising Uzbekistan’s leading financial lease companies and banks, he navigates the complexities of cross-border lending and financial lease operations, Islamic finance, and various security mechanisms, including those where real property is offered as collateral.
Project Highlights
Ministry of Investment, Industry and Trade of the Republic of Uzbekistan and the IFC (US) on the reform of the legal and institutional framework governing Special Economic Zones in Uzbekistan
Masdar (UAE), a global energy leader, on the Uzbek law aspects of its joint venture with TotalEnergies, formed as part of a broader multi-jurisdictional platform consolidating onshore renewable energy businesses across nine countries in Asia, with a total value of approximately USD 2.2 billion
Agritech (UAE) on implementing an investment project for the creation of a 470-ha agricultural cluster in the Andijan region of Uzbekistan
Ministry of Foreign Investments, Industry, and Trade of the Republic of Uzbekistan and the EBRD (UK) on drafting the Regulation on the Procedure for Reservation of Lands for Public Needs
Masdar (UAE) on achieving financial close for the 300 MW Guzar solar power plant and 75 MWh battery energy storage system (BESS) project in the Kashkadarya region of Uzbekistan
F.H.L. I. Kiriakidis Group (FHL Group) on a premium marble supply and installation agreement with a state-owned EPC contractor of Uzbekistan for the Center of Islamic Civilization in Uzbekistan under the Cabinet of Ministers
Awards & Recognition
Band 2, Chambers Global and Asia-Pacific 2026. “What distinguishes Azizbek from his peers is his exceptional combination of technical legal expertise and strategic thinking.”
Leading Partner, The Legal 500 EMEA 2026. “Azizbek Akhmadjonov provides technically strong, strategic guidance.”
Capabilities
Real Estate
Construction
Land
Languages
English
Uzbek
Russian
Qualifications
Admitted as an advocate, Uzbekistan
Education
University of World Economy and Diplomacy (Uzbekistan), LLM in International Law, 2004
Andijan State University (Uzbekistan), LLB in Law, 2003