In a major move to solidify economic ties between Tashkent and Washington, President Shavkat Mirziyoyev has secured a comprehensive investment agreement with top U.S. financial leaders to fund a wave of high-tech mega-projects across Uzbekistan.
The landmark deal was struck on the sidelines of the Tashkent International Investment Forum, where President Mirziyoyev hosted John Jovanovic, President and Chairman of the U.S. Export-Import (Exim) Bank, and Ben Black, Chief Executive Officer of the International Development Finance Corporation (DFC), according to the presidential press service.
The high-level talks began with a diplomatic gesture, as the visiting American dignitaries conveyed warm personal greetings and sincere wishes directly from U.S. President Donald Trump to the Uzbek leader.
Launching the Practical Phase of Mega-Projects
The negotiations culminated in a mutual commitment to immediately transition from planning to execution for several multi-billion-dollar infrastructure developments. Key projects fast-tracked under the new agreement include:
- International airport project
- State-of-the-art medical complex project in Fergana province
- Digital bank and high-capacity data center projects;
- Dry port prjects.
Strategic Financing and a Joint Platform
To bankroll these ambitions, the Uzbek government and the U.S. financial institutions are mobilizing targeted capital frameworks. Cooperation with the U.S. Exim Bank will focus heavily on modernizing Uzbekistan’s energy grid and aggressively expanding export credits to support local private businesses in priority sectors.
Concurrently, the DFC is rolling out a joint investment platform specifically tailored to pump capital into healthcare, infrastructure, and green energy modernization. Beyond heavy infrastructure, the financing will also target critical mineral extraction, artificial intelligence (AI) implementation, and nationwide digitalization initiatives.
To ensure the rapid deployment of resources, both sides officially agreed to adopt a strict joint "roadmap" that will govern the implementation, timelines, and technical oversight of the agreed-upon investment projects
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