The Asian Development Bank (ADB) allocates funding for human capital development

Published

15 September 2023

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1 min

 

Uzbekistan News

 

The Minister of Employment and Poverty Reduction of Uzbekistan, Behzod Musaev, met with a delegation led by Ayako Inagaki, the Head of the Human Resources Development Sector of the Asian Development Bank (ADB).


During the meeting, discussions were held on strengthening bilateral cooperation in the field of human capital development in our country and the implementation of new initiatives in the future. Opinions were also expressed on the implementation of an agreement between Uzbekistan and the Asian Development Bank for a sum of 93 million US dollars under the project 'Skills Development for the Modern Economy.'


It's worth noting that this project aims to enhance the competitiveness of Uzbekistan's industrial sectors, promote inclusive growth through professional training for youth and the unemployed. This project will contribute to the development of human resources as a qualified workforce in sectors such as construction, textiles and apparel industry, information and communication technologies, agribusiness, food industry, and machinery and equipment services."