Economy

Uzbekistan and EADB launch projects worth US$3.3 billion

Uzbekistan and EADB launch projects worth US$3.3 billion
Uzbekistan and EADB launch projects worth US$3.3 billion

Tashkent, Uzbekistan (UzDaily.uz) — On 26 September in Samarkand, during the 9th Annual Meeting of the Asian Infrastructure Investment Bank’s Board of Governors, Uzbekistan’s Minister of Investments, Industry, and Trade, Laziz Kudratov, met with the Chairman of the Eurasian Development Bank (EADB), Nikolai Podguzov.

The meeting focused on the prospects for further deepening cooperation between the parties.

Nikolai Podguzov emphasized that Uzbekistan remains a key partner for the EADB in the region and announced plans to include several large countries as shareholders in the bank in the near future.

An agreement was reached to launch a number of joint projects totaling US$3.3 billion, including five non-sovereign projects expected to be implemented this year.

Additionally, by the end of the year, a country office of the EADB is planned to open in Tashkent, which will facilitate better interaction and expedite funding for priority projects.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.