Uzbekistan's economy recorded growth of 7.7% in 2025, significantly above global averages. This rapid expansion is accompanied by a boom in construction and industry, yet the country's infrastructure – roads, warehouses, and freight terminals – requires large-scale modernization. The shortage of modern logistics capacity has become a key driver for a new partnership in the investment market.

To address these challenges, the Eurasian Development Bank (EDB) and the Uzbek-Omani Investment Company (UzOman) have signed a memorandum of understanding. The parties aim to combine efforts to finance projects that will strengthen Uzbekistan's transit role in Central Asia. The cooperation scheme is distributed as follows: UzOman experts, with deep knowledge of the local market, will select promising sites and projects, while the EDB will conduct financial expertise to ensure compliance with international standards and provide necessary resources.

As noted by EDB Senior Managing Director Alexey Skatin, partnership with a strategic investor like UzOman will allow for more effective support of projects impacting regional connectivity. In turn, UzOman CEO Omar Bahram emphasized that combining the resources and expertise of the two development institutions will enable the implementation of truly capital-intensive initiatives that contribute to job creation.

This agreement is a logical continuation of Uzbekistan's integration into the EDB structure after the republic joined the bank as a member. Currently, the bank's investment portfolio includes over 300 projects worth nearly $20 billion. It is expected that new joint facilities will align with the "Eurasian Transport Framework" megaproject, allowing Uzbekistan not only to meet domestic transport demand but also to earn more actively from international transit.

Source: podrobno.uz