BAKU, Azerbaijan, October 8. Japan Bank for
International Cooperation (JBIC) plans to participate in financing
14 projects in Uzbekistan over the next three years, including two
in the transport sector, according to plans outlined during a
meeting in Tashkent on October 7.
This was reflected in a statement by the Ministry of Transport
of Uzbekistan following a meeting between Uzbekistan’s Transport
Minister Ilkhom Makhkamov and a JBIC delegation led by Senior
Managing Executive Officer and Board Member Sekine Hiroki.
The sides discussed further cooperation on ongoing transport
projects and opportunities to attract JBIC financing for their
implementation.
Sekine said interest in participating in projects in Uzbekistan
has increased significantly in recent years.
“Sekine Hiroki noted that in recent years, interest in
participating in projects in Uzbekistan has been growing noticeably
and over the next three years the bank plans to participate in
financing 14 projects in the republic, in particular two projects
in the field of transport,” the ministry said.
The meeting also focused on the current status of two transport
projects: the supply of air traffic control systems for the State
Unitary Enterprise Uzaeronavigation Center and the construction of
a new international airport in Tashkent.
The sides discussed attracting JBIC funding for both projects
and reviewed measures to advance their implementation.
The cooperation comes as Uzbekistan seeks to expand
international financing for transport infrastructure and modernize
key aviation facilities.
Following the meeting, the sides agreed to accelerate the
implementation of joint transport projects and continue mutually
beneficial cooperation on prospective projects, the ministry
said.
