Uzbekistan's project portfolio with the World Bank has approached $16 billion

On the sidelines of the COP31 climate conference in Antalya, Shavkat Mirziyoyev met with World Bank Group President Ajay Banga. The parties discussed expanding strategic partnership: the volume of active projects has reached nearly $16 billion, with priorities named as a new country program, private investment in infrastructure, privatization, and water security.

Otabek YusupovFirst published on tafs uz 11 November 2026 at 15:131 min read

The key facts

The meeting between Mirziyoyev and Ajay Banga took place on November 11 in Antalya as part of COP31
The portfolio of joint projects between Uzbekistan and the World Bank has reached nearly $16 billion
Priorities: a new country program, private investment in infrastructure, privatization, water security

Meeting in Antalya on the sidelines of COP31

On November 11 in Antalya, Turkey, where the 31st UN Climate Change Conference (COP31) is taking place, President of Uzbekistan Shavkat Mirziyoyev held talks with World Bank Group President Ajay Banga. According to the presidential press service, the meeting addressed practical aspects of further expanding the strategic partnership between Uzbekistan and the World Bank.

Scale of cooperation and priorities

According to the press service, the portfolio of projects within bilateral cooperation has reached nearly $16 billion. This gives an idea of the actual scale of interaction: we are talking not about new promises, but about the volume of an already formed portfolio. Particular attention at the meeting was given to the program for accelerating economic growth and creating new jobs.

What was agreed to prepare

Priority areas of cooperation with the World Bank were defined as preparing a new country partnership program, attracting private investment in infrastructure projects, supporting privatization processes, and ensuring water security. In addition, the parties discussed preparations for the international forum on the mid-term review of International Development Association resources, which, as noted, will be held in Tashkent in December of this year.