The opening
of the representative office was a continuation of the process after Uzbekistan
joined the EDB in 2025. All necessary procedures were completed with the
support of the government, and the bank began full-fledged investment
activities in the country, according to the EDB website.
According
to Nikolai Podguzov, Chairman of the EDB Board, for the near–term strategic
period, the bank plans to invest up to 1.5-2 billion US dollars in Uzbekistan
by 2031, including projects with a high integration effect.
It is noted
that the current portfolio of potential projects covers energy, logistics and
industry. A number of initiatives are already being worked out, as well as the
first agreements have been signed, the details of which will be provided later.
As part of
the opening of the representative office, educational workshops of the EDB
Academy were organized, aimed at exchanging experience and developing expertise
in the field of multilateral development banks.
Evgeny
Vinokurov, Deputy Chairman of the Management Board and Chief Economist of the
EDB, noted the importance of raising awareness about the work of international
financial institutions in order to increase the effectiveness of cooperation
and the implementation of high-quality investment projects.
The opening
of an office in Tashkent will allow the bank to promptly support investment
projects, strengthen cooperation with government agencies and businesses, and
attract additional international investments into the Uzbek economy.
