TASHKENT, Uzbekistan, September 30. The Asian Infrastructure Investment Bank (AIIB) signed a pivotal loan agreement with Uzbekistan’s Asakabank in renewable energy sector, the AIIB told Trend.
The RMB-denominated loan will expand Asakabank’s portfolio in renewable energy and energy efficiency and provide much-needed financial support for green investments.
In addition, the agreement plays an important role in Uzbekistan’s energy transition strategy and highlights AIIB’s role in fostering climate-resilient infrastructure development across Central Asia.
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.