TASHKENT, Uzbekistan, September 30. The Asian Infrastructure Investment Bank (AIIB) and the Swiss State Secretariat for Economic Affairs (SECO) signed an agreement to support Uzbekistan’s Karakalpakstan and Khorezm water supply and sanitation project, the AIIB told Trend.
According to the agreement, the AIIB and SECO will contribute $8.8 million to improve water resource management, sanitation services, and flood risk management in some of Uzbekistan’s most water-stressed regions.
The project aligns with AIIB’s green infrastructure and technology-enabled infrastructure thematic priorities and is a key step in advancing Uzbekistan’s long-term goals for climate resilience and water security.
On September 26, the first-ever AIIB Annual Meeting hosted in Central Asia successfully concluded in the historic city of Samarkand. The event welcomed over 2,500 delegates from 100 countries, including influential policymakers, senior leaders from international organizations, business executives, and investment experts.
A significant outcome of the Annual Meeting was the signing of a series of strategic agreements, including partnerships focused on renewable energies. These agreements reflect AIIB’s commitment to driving sustainable infrastructure development across Asia and beyond.