TASHKENT, Uzbekistan, August 30. Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) stressed their joint commitment to promote economic and social development through investments in sustainable infrastructure, Trend reports.
The news followed an event in Tashkent held in advance of the 2024 AIIB Annual Meeting of the Board of Governors, which will take place in Samarkand on September 25-26 under the Building Resilient Infrastructure for All theme.
The event was inaugurated with keynote speeches by Uzbekistan’s Deputy Minister of Investment, Industry, and Trade Shokhrukh Gulamov and AIIB Vice President and Corporate Secretary Ludger Schuknecht.
Ludger Schuknecht emphasized AIIB’s commitment to promoting economic and social development in Uzbekistan through investments in sustainable infrastructure.
“AIIB is dedicated to supporting sustainable infrastructure projects that not only drive economic growth but also improve the quality of life for communities in Uzbekistan. Our operations in Uzbekistan and Central Asia are a testament to this commitment, with our efforts on climate action, our client-driven approach, and multilateral cooperation to finance Infrastructure for tomorrow. We look forward to deepening our partnerships in the region as we approach the 2024 AIIB Annual Meeting in Samarkand,” the AIIB Vice President said.
The event featured a series of AIIB presentations that gave attendees in-depth insights into the bank’s activities, particularly its investment operations. The presentations focused on key projects in Central Asia and Uzbekistan, showcasing AIIB’s efforts to drive economic growth and development in the region.
These presentations served as a precursor to a three-day workshop on the AIIB Uzbekistan Project Portfolio and Implementation for Sovereign-Backed Financing, which was held on August 27-29 in Tashkent. The workshop provided in-depth training and discussions on AIIB-financed projects in Uzbekistan, focusing on enhancing project implementation and ensuring alignment with AIIB’s strategic priorities.