Uzbekistan, AIIB Reaffirm Partnership On Key Infrastructure Initiatives

2025-08-14 05:08:02

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, August 14. Deputy Minister of Economy and Finance of Uzbekistan Ilkhomjon Umrzakov held talks with a delegation from the Asian Infrastructure Investment Bank (AIIB) headed by Xiaohong Yang, Director General of the Bank's Public Sector Department, Trend reports.

The sides discussed measures to accelerate the implementation of ongoing infrastructure projects under public-private partnership mechanisms, as well as opportunities to expand and deepen bilateral cooperation. Particular focus was placed on modernizing water infrastructure, improving the efficiency of water use, and upgrading water supply systems.

At the end of the meeting, both parties reaffirmed their commitment to maintaining a constructive dialogue and working together on the agreed areas of cooperation.

Earlier in 2024, Uzbekistan and AIIB signed an updated roadmap through 2026, which envisages the launch of promising projects worth over $4 billion.

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