European Investment Bank expands its presence in Central Asia

The European Investment Bank (EIB) has officially opened its Regional Representation for Central Asia in Tashkent, strengthening its ability to support projects and partnerships across the region, Qazinform News Agency cites UzA.

European Investment Bank expands its presence in Central Asia
Photo credit: UzA

The office was inaugurated by EIB Vice-President Marek Mora, who emphasized the growing demand for high-quality investment in Central Asia.

EIB has operated in the region since 2009, financing projects in Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.

The initiative builds on commitments made at the EU-Central Asia Summit in Samarkand, aligned with the EU Global Gateway strategy, including:

Transport – including the Trans-Caspian Transport Corridor.

Energy and climate – hydropower projects like Rogun and Kambarata-1.

Water management – sustainable sanitation and supply systems.

Digital infrastructure – secure and reliable connectivity.

Healthcare – strengthening supply chains and vaccine production.

Critical raw materials – supporting industrial value chains.

Since a Framework Agreement in 2017, Uzbekistan has become a key partner.

The current pipeline is €1 billion in potential operations under consideration.

Financing options include sovereign and sub-sovereign lending, PPPs, private sector financing, equity investments, and blended finance.

Uzbek Minister of Investment Laziz Kudratov: “The EIB office brings new expertise, financing opportunities, and a long-term partner for complex projects.”

EU Ambassador Toivo Klaar: “This step reflects the EU’s long-term commitment to deepening cooperation with Uzbekistan and Central Asia.”

Earlier reports noted EBRD and Dushanbe join forces to modernize transport infrastructure.

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