Financing of major infrastructure projects of Uzbekistan discussed in Tashkent

    Finance 25 May 2023 2277

    On May 24, 2023, a conference on "Financial solutions for projects and infrastructures" was held in Tashkent. The event was attended by representatives of the British Embassy in Uzbekistan, the Ministry of Natural Resources, the Tashkent city Khokimiyat and Uzsuvtaminot JSC.

    The issues of financing of large investment, infrastructure and public-private projects of Uzbekistan by British Banks Standard Chartered and UK Export Finance were discussed at the conference. It was also proposed to use the UK insurance limit (United Kingdom Export Finance - UK Export Finance) in the amount of 3 billion pounds in relation to the market risk of Uzbekistan.

    During the event, Deputy Minister of Natural Resources Jusipbek Kazbekov presented information about the work carried out in the country to preserve biodiversity, mitigate the effects of climate change, attract investment in the industry, transition to the principles of a "green" economy and the development of models of "green" development.