TASHKENT, Uzbekistan, May 4. Uzbekistan and the
Asian Development Bank (ADB) have agreed on a new $12.5 billion
partnership programme running until 2030, focusing on key national
and regional development priorities, Trend reports via the press office of the Uzbek
President.
The announcement was made by President Shavkat Mirziyoyev during
the 59th Annual Meeting of the ADB Board of Governors held in
Samarkand on May 4, where he highlighted the strategic expansion of
cooperation with the Bank.
The new programme builds on a total ADB portfolio in Uzbekistan
of nearly $16 billion, making the country one of the Bank’s largest
operational partners in the region. Over the past three decades,
cooperation has supported projects in railway and road
modernization, energy, water supply and sanitation systems,
agriculture, and private sector development.
Under the new framework, priority areas include support for the
mortgage market, private sector growth, youth and women
entrepreneurship, poverty reduction, reforms in inclusive education
and human capital development, as well as the introduction of
digital innovations.
The programme also places strong emphasis on large-scale
infrastructure development across Central Asia, with a focus on
strengthening ADB’s role in mobilising financing for regional
connectivity projects.
