BAKU, Azerbaijan, October 17. Uzbekistan and
the Asian Infrastructure Investment Bank (AIIB) discussed expanding
cooperation on road and railway networks, logistics corridors,
energy infrastructure and water systems during a meeting in Bangkok
on October 15.
This was reflected in the statement by the Uzbekistan Ministry
of Economy and Finance, following a meeting between Uzbekistan’s
Deputy Prime Minister and Minister of Economy and Finance Jamshid
Kuchkarov and AIIB President Zou Jiayi on the sidelines of the
annual meetings of the International Monetary Fund and the World
Bank Group.
The discussions focused on Uzbekistan’s macroeconomic trends,
economic development priorities and opportunities to expand
cooperation with the bank.
Particular attention was given to infrastructure projects aimed
at supporting sustainable economic growth. The parties discussed
developing road and railway networks, logistics corridors,
electricity transmission infrastructure, water supply systems and
digital infrastructure.
These projects are expected to improve connectivity, expand
business opportunities and create conditions for greater production
of higher value-added goods.
Additionally, the officials exchanged views on potential
public-private partnership (PPP) projects to develop road
infrastructure, as well as initiatives to improve rural
infrastructure and modernize public school facilities.
The meeting was attended by AIIB Managing Director General for
Investment Operations (Region 2) Konstantin Limitovskiy, Deputy
Chairman of the Central Bank of Uzbekistan Nodirbek Ochilov,
Adviser to the Minister of Economy and Finance Jasur Karshibayev
and other officials.
The parties agreed to expand cooperation, develop new
initiatives and continue discussions on the issues raised during
the meeting.
