27 August 2024

Announcement meeting on the eve of the 9th Annual Meeting of the Board of Governors of the AIIB 2024 took place

On August 26 of this year, Shokhrukh Gulamov, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan, took part in an announcement meeting on the eve of the 9th Annual Meeting of the Board of Governors of the AIIB 2024 on the topic ‘‘Creating sustainable infrastructure for all’’, which will be held in Samarkand on September 25-26. This was reported by the press service of the Ministry.

In his welcoming speech, Shokhrukh Gulamov emphasized that the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held in Central Asia for the first time, which underlines the broad agenda of Uzbekistan’s relations with the AIIB and the Bank’s key role in the socio-economic development of the country, the implementation of infrastructure and transport projects, the introduction of ‘‘green energy’’ and other areas.

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution whose mission is to finance infrastructure in Asia and beyond. The Bank started its operations in 2016 and has since grown to 109 member countries worldwide. The bank’s capitalization is $100 billion, and the main international credit rating agencies have assigned the AAA rating to the AIIB.

During the meeting, representatives of the AIIB made presentations on the Bank’s policy and strategy, investment operations, in particular, in Central Asia and Uzbekistan, as well as on the upcoming Annual Meeting in Samarkand. The speakers detailed the program of the event, which includes more than 50 panel sessions, round tables, presentations of major projects, seminars and other events. More than 100 speakers – international experts, heads of large companies, financial institutions, heads of relevant ministries and departments from 109 countries are expected to participate.

In turn, Ludger Shuknecht, Vice President and Corporate Secretary of the AIIB, expressed gratitude for the conditions created to hold the 9th Annual Meeting of the bank’s Board of Governors at the highest organizational and substantive level. Confidence was expressed in the successful joint completion of current projects and readiness to expand cooperation through the implementation of new initiatives.