Uzbekistan, Isdb Showcase Broadened Project Plans With Emphasis On Private Sector

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, September 17. The joint project portfolio between Uzbekistan and the Islamic Development Bank (IsDB) has exceeded $5 billion, covering key priority sectors such as transport, infrastructure, housing, energy, healthcare, and education, Trend reports via the Uzbek president's office.

Meanwhile, over 40 percent of investments are directed toward the private sector

This was highlighted during a meeting between the President of Uzbekistan, Shavkat Mirziyoyev, and the President of the IsDB, Muhammed Al-Jasser, held within the framework of the international forum“From Poverty to Prosperity” in Namangan.

The discussions focused on expanding comprehensive cooperation with the IsDB to support the implementation of Uzbekistan's strategy of irreversible reforms. President Mirziyoyev called for the adoption of a long-term strategic partnership program with the Bank, aimed at doubling the project portfolio and scaling up financing for infrastructure, the social sector, and private enterprise.

Special attention was given to advancing concrete projects in areas such as harnessing the potential of private business, establishing modern medical centers across the regions, modernizing highways, rehabilitating irrigation canals, and other priority initiatives.

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