The Ministry of Investment, Industry, and Trade (MIIT) of Uzbekistan and the International Finance Corporation (IFC), a member of the World Bank Group, signed a Cooperation Agreement aimed at improving the country's investment climate and fostering the development of alternative investments.
The agreement marks a key milestone in Uzbekistan’s ongoing economic reforms and its efforts to build a more attractive environment for both domestic and international investors. Through the agreement, IFC will provide critical technical assistance to help MIIT develop advanced legislation in the field of alternative investments, a sector increasingly recognized as vital to the growth of an innovative and diversified economy.
The collaboration seeks to improve the regulatory framework, enhance investor access to finance, and support the creation of new business opportunities throughout the country. Particular attention will be paid to supporting national expertise and establishing a strong institutional foundation for regulating emerging investment instruments.
During a productive meeting accompanying the signing, MIIT and IFC representatives reviewed progress in drafting key economic legislation, including new laws on investment policy and special economic zones. These legal reforms are expected to play a pivotal role in improving Uzbekistan’s business environment and attracting new capital.
The parties also discussed preparations for the upcoming Tashkent International Investment Forum (TIIF-2025), scheduled for June. The forum will showcase Uzbekistan’s investment potential and offer a platform for promoting strategic partnerships in financing development projects across various regions.
Follow Daryo's official Instagram and Twitter pages to keep current on world news.
Comments (0)