Saturday, 23, November, 2024

Top officials from Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) stressed their joint commitment to promote economic and social development through investments in sustainable infrastructure.

The Tashkent gathering was held in advance of the 2024 AIIB Annual Meeting of the Board of Governors, which will take place in Samarkand on Sep. 25-26 under the theme “Building Resilient Infrastructure for All.”

The event was inaugurated with keynote speeches by H.E. Mr. Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry, and Trade and AIIB Governor; and Dr. Ludger Schuknecht, AIIB Vice President and Corporate Secretary. In his address, 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,” said AIIB Vice President Schuknecht. “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 Tashkent lead-up 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 will be held on Aug. 27-29 in Tashkent. The workshop aims to provide in-depth training and discussions on AIIB-financed projects in Uzbekistan, focusing on enhancing project implementation and ensuring alignment with AIIB’s strategic priorities.

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