BNG ENT

Main Menu

  • Home
  • Community forum
  • Forum workshop
  • Forum sites
  • Forum committee
  • Forum hosting

BNG ENT

Header Banner

BNG ENT

  • Home
  • Community forum
  • Forum workshop
  • Forum sites
  • Forum committee
  • Forum hosting
Forum committee
Home›Forum committee›The AfDB is ready to deepen its cooperation with Uzbekistan in a wide range of areas

The AfDB is ready to deepen its cooperation with Uzbekistan in a wide range of areas

By Corrine K. Thomas
February 5, 2022
0
0

On February 2 this year, Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan S. Umurzakov held talks by videoconference with the President of the Asian Development Bank Masatsugu Asakawa, during which issues of bilateral cooperation and implementation of joint projects were discussed.

It was noted that the AfDB’s cooperation with Uzbekistan is multifaceted and long-term, and that the country’s project portfolio, worth more than $10 billion, is the largest of all other development partners. While financing projects of social and economic importance, the Bank also provides technical and advisory assistance in the implementation of program reforms in Uzbekistan.

In this spirit, ways to continue cooperation on the implementation of the goals and objectives of the AfDB’s partnership strategy with Uzbekistan for 2019-2023, which are correlated with the development strategy of Uzbekistan for 2022-2026 adopted this year, were discussed. Common priorities, in particular, are supporting the private sector, promoting regional cooperation, reducing inequalities by promoting inclusive growth and other important areas.

The current status of 29 projects implemented jointly with the AfDB with a total value of $5 billion in the areas of infrastructure development, energy, housing and communal services, health and agriculture was examined. Under the AfDB National Operations Business Plan for 2022-2024, Uzbekistan plans to implement 27 projects worth $2.8 billion, including 3 projects worth $524 million will be implemented in 2022. The parties agreed to close cooperation to accelerate the implementation of approved initiatives. and coordination of projects under consideration.

Measures have been outlined to further improve the efficiency of the preparation and implementation of joint projects, within the framework of which the mechanisms for interaction between the AfDB and the Agency for International Cooperation and Development under the Ministry of Investment and Foreign Trade, which is designed to be the main coordination link at all stages of the project cycle: prioritization, design, project appraisal, procurement and practical implementation. An agreement has been reached to provide AfDB technical assistance by sending experts to Uzbekistan to advise on capacity building and institutional development of the Agency.

Particular attention was paid to cooperation in the promotion of projects implemented in the country on the basis of public-private partnership (PPP). The progress made in the preparation and implementation of large-scale PPP projects in the energy sector with the AfDB was highlighted: a separate AfDB solar energy development program in Uzbekistan with a capacity of total of 1 GW is currently being actively implemented. The parties noted the significant potential for expanding cooperation in this field and expressed their readiness to explore the possibilities of expanding the introduction of PPP tools in the areas of water supply, network modernization distribution of electricity, health and the development of transport infrastructure.

Issues of expanding cooperation with the AfDB in terms of financial support for private sector projects and commercial banks in Uzbekistan, implementation of road infrastructure expansion projects, development of the secondary education system and professional through improving curricula in technology, engineering and mathematics, increasing employment, modernizing the health sector, empowering women and promoting female and youth entrepreneurship.

During the dialogue, the Bank’s management was invited to participate in the work of the Tashkent International Investment Forum and related events.

As a result of the talks, agreements were reached to intensify cooperation in a number of priority areas for both parties.

mift.uz

Related posts:

  1. Morning headlines: NDSU presidential search committee invites undisclosed number of candidates for interviews
  2. Camas-Washougal candidates sought for the Citizen’s Advisory Committee on PDX noise
  3. Jagdeo and Norton disagree over reduction of Natural Resources Fund oversight committee – Demerara Waves Online News – Guyana
  4. Parliamentary committee exposes falsification, weapons and uncertainty in Libya elections
Tagslong term

Categories

  • Community forum
  • Forum committee
  • Forum hosting
  • Forum sites
  • Forum workshop

Recent Posts

  • Govt. Justice, companies set to settle with major creditor | West Virginia
  • The Day – Norwich School Building Committee opts for four new elementary schools
  • Dublin City Council refuses to map sites for Travelers’ Homes in city development plan
  • ATP Partners with COSAT to Host First South American Challenger Workshop | ATP tour
  • Anti-career supporters gather for the Mitchell Shire Council community forum

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • December 2020
  • October 2020
  • August 2020
  • June 2020
  • May 2020
  • February 2020
  • October 2019
  • September 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • December 2018
  • August 2018
  • May 2018
  • March 2018
  • April 2016
  • November 2015
  • Privacy Policy
  • Terms and Conditions