PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607589

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Jun 8, 2023

Country

Uzbekistan

Region

Central Asia and Turkiye

IFC Approval Date

Feb 17, 2023

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Jun 9, 2023

Project Estimated Start Date

Project Estimated Start Date Pending

Project Estimated End Date

Project Estimated End Date Pending

Project Description

On May 8, 2023, the International Finance Corporation (IFC) entered into a Joint Cooperation Agreement with the Abu Dhabi Uzbek Investment Company to foster private sector investments. This partnership aims to drive private sector development in Uzbekistan and facilitate South-South investments, which play a vital role in supporting emerging markets by facilitating the transfer of standards, knowledge, and successful business models. By leveraging the expertise and resources of both organizations, we aim for this collaboration to significantly contribute to the growth and prosperity of Uzbekistan's private sector while further strengthening the economic ties between the two countries.

Development Results

E&S Risks / Impacts and Mitigation