Business news from Ukraine

Business news from Ukraine

United States and Uzbekistan have launched joint investment platform for projects in energy, infrastructure, and critical minerals sectors

Uzbekistan and the United States of America have launched the “U.S.–Uzbekistan” Joint Investment Platform, designed to expand bilateral cooperation in the areas of investment and export financing, as well as to attract additional resources for the implementation of strategically important projects.

The new platform is being created to identify, support, and promote strategic investment projects of mutual interest to Uzbekistan, the U.S., and their partners. The mechanism also provides for the development of cooperation in the field of export financing and the attraction of international capital to priority sectors of the economy.

The platform’s key areas of focus include energy, infrastructure, transportation and logistics, information and communication technologies, the pharmaceutical industry, as well as the exploration and development of critical mineral resources.

Particular attention will be paid to projects capable of strengthening production and logistics supply chains, ensuring a sustainable energy supply, and promoting the development of modern high-tech manufacturing.

The new mechanism is expected to serve as a tool for mobilizing private capital and to enable sovereign wealth funds, international financial institutions, multilateral development banks, and other major investment organizations to participate in financing promising projects.

According to DFC estimates, Uzbekistan and Central Asia have significant economic potential due to growing global demand for critical minerals, an increasing need for reliable energy supplies, and expanding trade flows along the Trans-Caspian Transport Corridor.

DFC CEO Ben Black noted that the launch of the platform is the first step toward implementing investments that align with the strategic interests of both countries. According to him, the new mechanism will help strengthen supply chains and create additional opportunities for economic growth in the United States and Uzbekistan.

At the same time, the parties are discussing moving toward the practical implementation of a number of major joint projects. Promising areas include the construction of a new airport in Tashkent, the creation of a modern medical complex in the Fergana region, and the launch of a digital bank.

 

, ,