Uzbekistan, Turkic Investment Fund discuss launch progress, operational structure

Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov met with the President of the Turkic Investment Fund Baghdad Amreyev to review the start of the Fund’s operations and outline further steps for its institutional development, as to MIIT's official page.

The discussions covered the launch phase of the Turkic Investment Fund, current implementation progress, and measures related to establishing its operational structure. Both sides focused on the transition of the Fund into its practical functioning stage and its role as a multilateral investment mechanism for Turkic states.

The Uzbek side noted its support for the Fund’s operational launch, highlighting its role as a joint financial institution intended to facilitate investment cooperation among member countries. The parties discussed Uzbekistan’s participation in the development of the Fund’s project portfolio.

Priority sectors identified for potential cooperation included industry, infrastructure, transport, agriculture, and digital technologies. The discussions also considered the preparation of project pipelines that could be implemented within Uzbekistan and the broader Central Asian region.

Attention was given to financing mechanisms involving international financial institutions and private sector participation, with a focus on co-financing arrangements for future initiatives.

Following the meeting, both sides agreed on next steps related to forming a structured project portfolio and developing technical cooperation frameworks to support the Fund’s operations.