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Economy 26/08/2024 Tashkent hosts announcement meeting for the 9th annual meeting of the AIIB board of governors

Tashkent hosts announcement meeting for the 9th annual meeting of the AIIB board of governors

Tashkent, Uzbekistan (UzDaily.com) — Tashkent is hosting a pannouncement meeting for the 9th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) Board of Governors, which will take place in Samarkand on 25–26 September under the theme "Creating Sustainable Infrastructure for All."

The event was attended by Shohrukh Gulyamov, Deputy Minister of Investments, Industry, and Trade of the Republic of Uzbekistan. In his welcoming speech, he emphasized that hosting the AIIB Annual Meeting in Central Asia for the first time in the Bank’s history highlights the strengthening relationship between Uzbekistan and AIIB, as well as the crucial role the Bank plays in the socio-economic development of Uzbekistan.

Gulyamov noted the significance of AIIB in implementing key infrastructure and transport projects, promoting "green energy," and other areas.

Established in 2016, the Asian Infrastructure Investment Bank is an international financial institution whose mission is to fund infrastructure projects in Asia and beyond. The Bank currently has 109 member countries and a capitalization of $100 billion. AIIB holds a high credit rating of AAA from leading international agencies.

During the meeting, AIIB representatives presented the Bank’s strategies and policies, as well as information about its investment operations in Central Asia and Uzbekistan. The attendees were introduced to the program for the upcoming meeting in Samarkand, which includes over 50 events such as panel sessions, round tables, major project presentations, and seminars.

The meeting is expected to feature more than 100 international speakers, including leaders of major companies and financial institutions, as well as representatives from relevant ministries and agencies from 109 countries.

AIIB Vice President and Corporate Secretary Ludger Schuknecht thanked the Uzbek side for creating ideal conditions for the 9th Annual Meeting at a high organizational level. He expressed confidence in the successful completion of current projects and readiness to further expand cooperation through the implementation of new initiatives.

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