Uzbekistan seeks investment financing through Turkic Investment Fund

Uzbekistan is looking to expand access to investment financing through the Turkic Investment Fund (TIF), focusing on infrastructure, energy, industrial cooperation and entrepreneurship. The Ministry of Investment, Industry and Trade said this after the fund's third Board of Governors meeting in Tashkent on October 24.

Uzbekistan was represented at the meeting by Deputy Minister Khurram Teshabayev. Representatives of Azerbaijan, Hungary, Kazakhstan, Kyrgyzstan and Türkiye also took part. Participants reviewed the fund's activities and outlined priorities, including expanding financing for investment projects, attracting additional resources and strengthening cooperation with international financial institutions.

The discussions covered potential projects in transport and logistics infrastructure, industrial cooperation, energy and entrepreneurship. The meeting also addressed corporate governance, operational efficiency and the distribution of responsibilities among the fund's governing bodies. Azerbaijan assumed the chairmanship of the Board of Governors until the next annual meeting.