Results of the Tashkent International Investment Forum

Published

29 March 2022

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1 min

 

Uzbekistan News


 

The 1st Tashkent International Investment Forum (TMIF) has completed its work in the capital. The event became a large-scale business occasion that brought together more than 2 thousand participants – major investors and high-ranking guests from 56 countries of the world.

As a result of the Forum, a package of firm contracts and investment agreements worth $ 7.8 billion was signed. Preliminary agreements were also reached on the implementation of projects worth $ 3.5 billion.

One of the key events of the Tashkent International Investment Forum was the meeting of the Country Platform for Uzbekistan, which was attended by the heads of international financial institutions, foreign government financial organizations and development partners, which resulted in the signing of 6 agreements on the implementation of joint projects totaling $ 617 million, 2 letters of mandate in the amount of $ 160 million, as well as 2 agreements on the provision of consulting services. In particular:

  • AIIB and «O'zbekiston temir yo'llari»  JSC signed an agreement on the implementation of the Bukhara-Miskin-Urgench-Khiva railway electrification project in the amount of $108 million.
  • ADB has signed an agreement with the Committee for Roads on the implementation of a project for the development of highways in Uzbekistan in the amount of $ 274 million.
  • The State Committee for Ecology and Environment Protection signed 2 agreements with  EBRD on the implementation of projects for the construction and reclamation of solid waste landfills in the Republic of Karakalpakstan and in the Khorezm region – in the amount of $ 50 million.

TIIF showed itself not only as a large-scale communication platform for strengthening and developing interregional and international ties, but also a powerful catalyst for inter-country and interregional investment and foreign economic cooperation.