

Senior Associate
Shakhzod Alimkhodjaev is a Senior Associate in the Banking and Finance practice of the Tashkent office. His main areas of focus are PPP, investment projects, project finance and customary financing transactions (including secured financing and sovereign financing), corporate and M&A matters, as well as aviation lease and financing transactions.
Shakhzod has advised clients on the implementation of major investment, PPP and infrastructure projects, primarily providing transaction support to international financial institutions such as EBRD, ADB, IFC, EIB, AIIB, JICA, NEXI, and Sumitomo on a variety of complex legal issues connected with projects’ implementation and financing.
He has also provided legal assistance to clients in connection with financing transactions involving the Government of Uzbekistan, including direct sovereign borrowings and the issuance of state guarantees.
Shakhzod is intensively involved in aviation lease and financing transactions, successfully closing approximately four to five transactions annually, thereby contributing to GRATA’s position as one of the leading firms in the Uzbek aviation market.
In addition, he has assisted clients with the registration of international companies in the Republic of Uzbekistan, including the establishment of microfinance organizations and non-governmental non-commercial organizations.
Shakhzod has further advised foreign clients on a broad range of matters, including property pledge and mortgage arrangements, compliance reviews of corporate documents, contracts and governmental approvals, legal due diligence reviews, and the preparation of legal memorandums on various regulatory and transactional issues.
Shakhzod was also recognized as the “Best Service Department Lawyer by Number of Billed Hours (2025)” among all GRATA International offices.
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