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Home / Politics / Shavkat Mirziyoyev receives Asian Development Bank...

Shavkat Mirziyoyev receives Asian Development Bank President

On 3 March President of the Republic of Uzbekistan Shavkat Mirziyoyev received President of the Asian Development Bank Takehiko Nakao.

The Head of state, greeting the guest, has stressed with satisfaction that mutually dynamically strengthening beneficial partnership between Uzbekistan and the Asian Development Bank (ADB) in implementation of priority programs and projects aimed at modernizing sectors of the economy and infrastructure

Currently bilateral cooperation portfolio includes 59 projects worth more than 14 billion US dollars, in which the bank’s contribution equals 6 billion US dollars.

The major completed and ongoing projects with the ADB participation include construction of modern combined-cycle plants at Talimarjan and Takhiatash thermal power plants, modernization of high-voltage electric lines, implementation of automated power control and accounting systems, construction of houses on standard design in rural areas, reconstruction of water supply and sewerage systems in different regions of the country, restoration of the Amu-Bukhara irrigation canal system, electrification of "Marakand-Karshi" railway line, support of small business projects and many others.

The parties discussed issues of further developing and increasing the efficiency of practical cooperation in the framework of joint cooperation program for 2017-2019.

The significance of priority projects were underscored, which are aimed at improving the living standards of the population, especially in rural areas, support for businesses, modernization of the agricultural sector, development of road and transport infrastructure, renewable energy, implementation of energy efficient technologies and others.

The ADB President expressed his sincere gratitude to the head of our state for the warm welcome and support in the issues related to strengthening bilateral partnership and reaffirmed willingness of the Asian Development Bank to develop a full-scale cooperation with Uzbekistan.

Following the meetings of the ADB delegation in the ministries and agencies of Uzbekistan, agreements on implementation of 4 projects in the field of supporting small businesses, horticulture, development of water supply system and road infrastructure with funding from the bank for 573 million US dollars have been signed.

During the visit to Uzbekistan, Takehiko Nakao also visited Samarkand, Bukhara and Tashkent regions, where he familiarized with the implementation results of investment projects with the participation of the Asian Development Bank.
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