TASHKENT, Uzbekistan, March 6. Uzbekistan and a
delegation from the European Bank for Reconstruction and
Development (EBRD) held a meeting to discuss priorities for
cooperation in 2026, the Deputy Prime Minister of Uzbekistan,
Jamshid Khodjaev, wrote on his social media account, Trend reports.


“Today, the Cabinet of Ministers hosted a high-level delegation
from the European Bank for Reconstruction and Development (EBRD) -
the Board of Directors and the team from the EBRD Representative
Office in Uzbekistan,” Khodjaev stated.


He noted that such meetings provide an opportunity to align
priorities and review progress, with a focus on concrete results
and the pace of project implementation rather than
declarations.


“Priorities for 2026 include expanding direct support to the
private sector through non-sovereign financing, with a target of up
to $1 billion per year,” he said.


Khodjaev also highlighted plans to scale up the Women in
Business and Youth in Business programs across Uzbekistan’s
regions, offering support tools ranging from financial products and
training to advisory services and partnership networks.


“Another focus area is advancing infrastructure projects in
transport, green energy, and water efficiency, including potential
engagement in the Kambarata Hydropower Plant,” he said.







He added that preparations are also underway for several new
agreements.


“We are preparing agreements for electric buses in Nukus worth
$55 million and for the digital transformation of Uzbekistan Temir
Yullari valued at $47 million,” Khodjaev stated.


He also noted that the EBRD delegation visited Samarkand and
toured a depot as part of the $62 million electric bus project.


“We look forward to receiving recommendations on further project
advancement, including operational models, charging infrastructure,
maintenance systems, and workforce training,” he added.


Meanwhile, in 2025, about 85% of EBRD funds in Uzbekistan were
directed to the private sector, while the bank’s total annual
operations in the country exceeded $1 billion. Overall, the EBRD
has invested nearly $7 billion in more than 200 projects across
Uzbekistan.