BAKU, Azerbaijan, September 20. Uzbekistan and Asian Development Bank (ADB) considered prospects for expanding bilateral cooperation, Trend reports via the Uzbek ministry of Investments and Foreign Trade.
At the recent meeting with the Ministry of Investments and Foreign Trade of Uzbekistan, the leadership of the ADB emphasized the wide opportunities for expanding the attraction of private and foreign investment in various sectors of the economy of Uzbekistan.
The current portfolio consists of 24 projects in the field of infrastructure construction, energy, housing and communal services, healthcare, and agriculture in the amount of $3.7 billion.
As part of the business plan for ADB country operations for 2022-2024, an agreement was reached on the joint implementation of 27 projects worth $2.8 billion.
This year, an agreement was signed on an investment project worth $274 million and negotiations were completed on 2 projects aimed at developing the mortgage market sector and supporting the budget for a total of $650 million.