22:56 / 08.07.2020
1740

Uzbekistan intends to join the Blue Dot Network

According to the joint statement of the Governments of Uzbekistan and the United States on the further deepening cooperation in the field of investment and infrastructure development, Uzbekistan intends to join the new infrastructure for transparent investment – “Blue Dot Network”.

The statement was made after the visit of Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), to Uzbekistan on June 29 - July 1.

The parties confirmed their interest in implementing special programs to support private entrepreneurship and regular cooperation for identifying and implementing strategic infrastructure projects in Uzbekistan in the field of energy, transport, education and health on the principles of a public-private partnership with the involvement of DFC funds.

“DFC welcomed the intention and interest of Uzbekistan to become part of the Blue Dot Network initiative to encourage long-term foreign investment in projects that meet international development standards, such as transparency and financial sustainability,” the statement reads.

The parties also reaffirmed their mutual intention to maintain peace and stability, as well as efforts for economic reconstruction in Afghanistan, through the expansion of trade, economic, transport and energy links between the IRA and Central Asia.

In talks with the Deputy Prime Minister of Uzbekistan, Sardor Umurzakov, it was agreed to hold further discussions with the countries of Central Asia, as well as Afghanistan, Pakistan and India on the establishment of a regional fund.

The talks emphasized the importance of joining efforts to implement important infrastructure projects in the Central Asian region, “which ensure long-term economic sustainability, as well as food and environmental security.”

Blue Dot Network is a multi-stakeholder initiative that brings together governments, the private sector, and civil society to encourage the adoption of trusted standards for quality, global infrastructure development in an open and inclusive framework. It does not exclude any country from supporting the Blue Dot Network’s mission of promoting quality, market-driven, and private-sector led investment.

Blue Dot Network partner countries can work with any projects that meet their needs and national interests.

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