BAKU, Azerbaijan, October 9. Uzbekistan and the
Japan Bank for International Cooperation (JBIC) discussed expanding
cooperation on public-private partnership (PPP) projects in
healthcare, energy and renewable power during a meeting in Tashkent
on Oct. 8.
This was reflected in the statement by Uzbekistan's Ministry of
Economy and Finance, following a meeting between Uzbek Deputy Prime
Minister and Economy and Finance Minister Jamshid Kuchkarov and
Hiroki Sekine, a member of JBIC’s board of directors and managing
executive officer, to discuss ongoing initiatives and potential
joint projects.
The talks focused on infrastructure projects being implemented
through PPP arrangements, particularly in healthcare and energy, as
well as opportunities to increase the use of renewable energy
sources.
"The parties also exchanged views on attracting Japanese
companies to the projects and issues related to project financing,"
the statement said.
The meeting was attended by Kohei Toyoda, JBIC’s regional head
for Europe, the Middle East and Africa; Botir Mutalov, the bank’s
representative in Uzbekistan; and Yohei Higashida, director general
of JBIC’s Energy Project Finance Department, along with other
representatives.
Following the meeting, the parties agreed to strengthen
cooperation and continue consultations on the discussed areas.
JBIC is a Japanese government-owned financial institution that
supports overseas investment and projects involving Japanese
businesses, including initiatives in energy, infrastructure and
environmental sustainability. Its financing activities are intended
to support Japan’s economic engagement with international
partners.
