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Uzbekistan implements ambitious program of public-private partnership - president

Economy Materials 25 September 2024 15:23 (UTC +04:00)
Uzbekistan implements ambitious program of public-private partnership - president
Maryana Ahmadova
Maryana Ahmadova
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SAMARKAND, Uzbekistan, September 25. Uzbekistan is implementing a large-scale program of public-private partnership, president of Uzbekistan Shavkat Mirziyoyev said at the opening ceremony of the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Samarkand, Trend reports.

“A large-scale program aimed at implementing public-private partnership projects worth $30 billion by 2030 has been adopted. In particular, projects will be implemented for the construction of toll roads along the directions “Tashkent - Samarkand” and “Tashkent - Andijan”, as well as new railway lines for high-speed trains along the routes “Tashkent - Samarkand” and “Samarkand - Navoi - Bukhara”,” the head of state said.

According to him, the modernization of the six international airports of the republic will also be carried out based on public-private partnerships.

Moreover, as the President emphasized, the annual need for improvement of energy, water, transportation, IT, and other infrastructure in Uzbekistan amounts to 10 percent of GDP.

“In this direction, Uzbekistan has gained significant experience in cooperation with international financial organizations, due to which the private sector is actively involved in these areas,” he added.

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