Uzbekistan and Eurasian Development Bank to launch $3.3 billion joint projects
On September 26, on the sidelines of the 9th Annual Meeting of the AIIB Board of Governors in Samarkand, Uzbekistan's Minister of Investments, Industry, and Trade, Laziz Kudratov, met with Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB). The meeting focused on deepening collaboration between Uzbekistan and the EDB.

Podguzov highlighted Uzbekistan's growing significance as a key partner in the region, announcing plans to include the country among major shareholder nations in the near future.
Following the discussions, agreements were reached to implement a series of joint projects valued at a total of $3.3 billion. This includes five sovereign projects set to launch within the current year.
Additionally, plans were made to open the EDB's representative office in Tashkent by the end of this year. This initiative is expected to enhance mutual cooperation and expedite the financing of priority projects, providing a boost to the ongoing development efforts in Uzbekistan.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Dozens of Uzbeks and Tajiks detained in Moscow dormitory raid without explanation
SOCIETY | 18:18 / 04.08.2025
-
Uzbekistan in talks to import cotton from the U.S.
SOCIETY | 18:16 / 04.08.2025
-
Uzbek man sentenced for joining Russian military in Ukraine war
SOCIETY | 18:10 / 04.08.2025
-
UAE extradites three economic crime suspects to Uzbekistan
SOCIETY | 18:09 / 04.08.2025
Related News

12:18 / 04.08.2025
Qatari firm plans to invest in Uzbekistan’s energy, IT, and transport sectors

17:41 / 02.08.2025
China’s Holley Technology launches transformer production in Angren

15:39 / 29.07.2025
Uzbekistan to build robotic clinic and agro-logistics hub in Andijan with foreign investment

18:23 / 25.07.2025