Uzbekistan and Japan have agreed to create a new investment platform. This was reported by Zamin.uz.
Within the framework of this platform, projects with a total value of over 12 billion US dollars are planned to be implemented. This initiative was proposed during negotiations between Uzbekistan’s President Shavkat Mirziyoyev and Japan’s Prime Minister Sanae Takaichi in Tokyo.
The new platform is aimed at accelerating the implementation of large projects between the two countries and simplifying the attraction of Japanese investments into Uzbekistan’s economy. This approach envisions establishing long-term and systematic investment cooperation rather than financing individual projects.
The portfolio of projects formed during the negotiations covers priority sectors such as energy, industry, transport, infrastructure, and education. The investment platform will actively involve the Japan International Cooperation Agency (JICA) and the Japan Bank for International Cooperation (JBIC).
These organizations are already participating in a number of projects in Uzbekistan. The new platform will reduce risks for Japanese investors and make the operating conditions in Uzbekistan stable and favorable.
A special mechanism will be developed primarily to finance large initiatives in “green” energy, industrial modernization, and high technology sectors. Japan is interested not only in participating in individual projects but also in deeper integration with Uzbekistan’s long-term economic development programs.
Tashkent aims to attract technological and managerial expertise to the country through this cooperation. The agreement on the investment platform will serve to expand the strategic partnership between the two countries.
This was reflected in the Joint Statement signed as a result of this visit. Previously, President Shavkat Mirziyoyev had promoted cooperation initiatives between Central Asian countries and Japan at a summit in Tokyo (source: Zamin.uz).
