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April 24, 2022

Japanese business is widely attracted to Uzbekistan

Uzbekistan delegation led by the Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov met with the Governor of the Japan Bank for International Cooperation (JBIC) Tadashi Maeda, in Tokyo.

The parties discussed ways to further develop mutually beneficial cooperation, the implementation of joint projects in Uzbekistan, as well as opportunities for expanding the Bank’s investment portfolio in the country.

To date, with the involvement of the Bank’s resources, 11 projects have been implemented in the country in the energy sector, information and communication and in various industries worth $2.7 billion, of which $1.4 billion was invested by the Japanese side.

At the meeting, the parties considered the prospects for the implementation of new projects of public-private partnership in the water supply in Uzbekistan using water-saving technologies of leading Japanese companies.