Uzbekistan’s Ministry of Economy and Finance published an account of an Oct. 15 meeting between Deputy Prime Minister and Economy and Finance Minister Jamshid Kuchkarov and International Finance Corporation Regional Vice President for the Middle East and Central Asia Imad Fakhoury. Held alongside the International Monetary Fund and World Bank annual meetings in Bangkok, the talks concluded with an agreement to strengthen cooperation on infrastructure, public-private partnerships and private sector development. The parties reviewed prospective projects including the Tashkent-Andijan toll road, electricity distribution upgrades, irrigation pumping station modernization, public-private partnerships in water management and the construction of schools in Uzbekistan’s regions. They also discussed using IFC expertise to develop the mortgage market, privatize state-owned enterprises and improve the effectiveness of state support for entrepreneurs.
Uzbekistan’s Ministry of Economy and Finance and IFC agree to deepen infrastructure and private sector cooperation
Uzbekistan’s Ministry of Economy and Finance and IFC agreed to deepen cooperation on infrastructure, public-private partnerships and private sector development. Discussions covered prospective transport, energy, water and school projects, as well as mortgage market development, state-owned enterprise privatization and support for entrepreneurs.