Wednesday, October 28

A meeting was held with representatives of the ADB to discuss the economic development of Uzbekistan and attract investment

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Deputy Prime Minister-Minister of Economy and Finance Jamshid Kuchkarov met with Director of the ADB Permanent Mission in Uzbekistan Kanokpan Lao-Rai.

The meeting was attended by First Deputy Minister of Economy and Finance Ilkhom Norkulov, Deputy Minister of Economy and Finance Bobur Khodjaev, as well as Director of the Public Debt Department Zarifjon Olimzhonov. On the ADB side, the Senior Private Sector Development Officer of the Representative Office, Adham Kuchkarov, was present.

At the initial stage of the meeting, the Minister expressed gratitude to ADB for its active support in the development of various sectors of the economy and discussed current cooperation in investment projects. He also stressed the importance of providing technical assistance from the ADB to support reforms in Uzbekistan.

During the discussion, the prospects for cooperation in the field of public-private partnership, the development of financial markets, the microfinance sector, as well as support for the energy sector and the transition to a “green” economy were touched upon, taking into account the ADB’s Cooperation Strategy with Uzbekistan for 2024-2028.

At the same time, special attention was paid to the development of road transport infrastructure and water resources management.

Both sides expressed readiness for productive cooperation and confirmed the importance and prospects of partnership between Uzbekistan and the Asian Development Bank in the implementation of strategic goals of economic development and investment attraction.

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A source: gov.uz

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