Ministry of Investment, Industry and Trade of the Republic of Uzbekistan

On 25 August, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan Ilzat Kasimov held a meeting with Wang Kang, Vice President of the Export-Import Bank of China, to discuss prospects for expanding financial cooperation and the implementation of joint investment projects.

The portfolio of joint projects between Uzbekistan and China Exim Bank exceeds USD 5.7 billion. A USD 500 million telecommunications project is currently under active implementation.

Particular attention was paid to 7 prospective projects worth a total of USD 1.05 billion in hydropower, water infrastructure, agriculture and transport, including the Pungan–Namangan road project.

Following the meeting, the parties confirmed their interest in accelerating the implementation of priority projects and further expanding the joint investment portfolio.