Uzbekistan, JBIC Reveal Portfolio Of Joint Projects
Date
7/10/2024 5:21:17 AM
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, July 10. The portfolio of
joint projects between Uzbekistan and the Japan bank for
International Cooperation (JBIC) has exceeded $3.7 billion,
Trend reports.
This was revealed at a meeting between President of Uzbekistan
Shavkat Mirziyoyev with a Japanese delegation headed by Chairman of
JBIC Tadashi Maeda.
During the meeting the sides discussed the issues of expanding
mutually beneficial cooperation and promoting cooperation projects
with Japanese companies.
Both parties noted the the volume of mutual trade and direct
Japanese investments in Uzbekistan's economy is growing and new
joint ventures are being established.
The bank's investment projects in Uzbekistan cover
petrochemical, textile, energy and infrastructure modernization
spheres.
At the end of the meeting, Uzbekistan reached an agreement to
adopt a three-year cooperation program with the Japan Bank for
International Cooperation.
Earlier in April, Uzbekistan and JBIC discussed new socially
significant international public-private partnership (PPP) projects
on the modernization of drinking water supply and sewerage
infrastructure.
Both parties also considered the prospects of attracting
investments from Japanese companies in various sectors of the
economy.
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