Why is this important
The fund from a leading American investment company can accelerate the development of transport, energy, and water infrastructure in Uzbekistan, attract foreign capital and technologies.
What happened
- Mirziyoyev met with Adebayo Ogunlesi, a member of the Board of Directors and Senior Managing Director of BlackRock.
- They discussed expanding the strategic partnership between BlackRock and Uzbekistan, including in areas such as energy, transport, and water infrastructure.
- The parties supported plans to create a joint investment fund. The platform concept will be agreed upon in the near future, after which the practical implementation of projects will begin.
Context
BlackRock is one of the world’s largest investment firms, managing trillions of dollars in assets. Earlier, Uzbekistan presented a portfolio of major investment projects (transport, energy, etc.) to investor companies such as BlackRock and Al Mirqab Capital.
