President receives AIIB President

On August 8, President Shavkat Mirziyoyev received the President of the Asian Infrastructure Investment Bank Jin Liqun, who arrived in our country on a working visit.

The head of our state sincerely congratulated the guest on the successful start of the bank’s operation – a new international financial institution designed to promote the formation of modern and reliable infrastructure in the Asian continent.

The Asian Infrastructure Investment Bank, established in 2015 with headquarters in Beijing is actively participating in financing 17 investment projects in various countries of the world.

In November last year, our country implemented domestic procedures within the framework of the adopted articles of the Agreement on the establishment of the bank. 

The meeting discussed issues of developing mutually beneficial cooperation on implementation of promising projects in the Republic of Uzbekistan – on the modernization of water management facilities, development of energy infrastructure, construction of modern automobile roads, electrification of railways, expansion of the capital metro network and others with a total cost worth $2.7 billion.

Opportunities for cooperation in creating a mechanism of attracting private direct investment to the implementation of joint projects were emphasized.

The President of the Asian Infrastructure Investment Bank Jin Liqun expressed his sincere gratitude to the President of our country Shavkat Mirziyoyev for the warm welcome and support for the development of a mutually beneficial partnership. He emphasized the bank’s readiness for long-term and full-scale cooperation with Uzbekistan.