Top officials from Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) reaffirmed their commitment to fostering economic and social development through investments in sustainable infrastructure during a gathering in Tashkent. The event was part of the preparations for the 2024 AIIB Annual Meeting of the Board of Governors, scheduled to take place in Samarkand on September 25-26, under the theme “Building Resilient Infrastructure for All.”
The Tashkent event featured keynote addresses by Shokhrukh Gulomov, Uzbekistan’s Deputy Minister of Investment, Industry, and Trade, and Dr. Ludger Schuknecht, AIIB Vice President and Corporate Secretary. Schuknecht highlighted AIIB’s focus on supporting projects that not only spur economic growth but also enhance the quality of life for communities across Uzbekistan.
“AIIB is dedicated to supporting sustainable infrastructure projects that drive economic growth while improving the quality of life for communities in Uzbekistan,” said Schuknecht. “Our operations in Uzbekistan and Central Asia reflect this commitment, particularly through our focus on climate action, a client-driven approach, and multilateral cooperation. We look forward to deepening our partnerships in the region as we approach the 2024 AIIB Annual Meeting in Samarkand.”
The Tashkent event included presentations from AIIB representatives, providing attendees with detailed insights into the Bank’s investment operations in Central Asia and Uzbekistan. These presentations showcased key projects aimed at driving economic growth and development in the region.
The event also served as a precursor to a three-day workshop on the AIIB Uzbekistan Project Portfolio and Implementation for Sovereign-Backed Financing, scheduled for August 27-29 in Tashkent. The workshop will focus on enhancing project implementation in Uzbekistan, ensuring alignment with AIIB’s strategic priorities, and providing in-depth training and discussions on AIIB-financed projects in the country.
AIIB is a multilateral development bank focused on Financing Infrastructure for Tomorrow in Asia and beyond, with sustainability at its core. Since beginning operations in Beijing in 2016, AIIB has grown to 109 approved members worldwide, with a capital base of $100bn. The AAA-rated AIIB collaborates with partners to meet clients’ needs by unlocking new capital and investing in green, technology-enabled infrastructure that promotes regional connectivity.
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