TASHKENT, Uzbekistan, June 6. Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) discussed the development of international transport corridors, construction of China - Kyrgyzstan - Uzbekistan railway line, Trend reports.
A delegation from Uzbekistan led by Transport Minister Ilkhom Mahkamov met with the Asian Infrastructure Investment Bank in China to discuss the issue.
During the meeting, Vice-President of the AIIB Konstantin Limitovskiy noted that cooperation in the implementation of international transport corridor projects is a priority task of the bank.
The sides also talked about the projects implemented with the financial support of the bank in the promising areas of cooperation.
In particular, they discussed attracting financial resources for the implementation of projects related to the electrification of the Bukhara - Myskin - Urgench - Khiva railway line, reconstruction of the highway of international importance passing through Bukhara region, and development of public transport in the regions (purchase of buses).
The sides also discussed the joint implementation of new initiatives included in the program of cooperation for 2024–2026.
Specifically, the above program aims to fund 12 projects totaling $2.5 billion in areas such as green energy, water supply, highway reconstruction, and infrastructure development.