The European Investment Bank (EIB) has strengthened its presence in Central Asia with the opening of a new Regional Representation in Tashkent, Uzbekistan. The move aims to increase cooperation, accelerate investment projects, and support sustainable development across the region.
The new office will bring EIB teams closer to local partners and major infrastructure projects, helping advance initiatives in transport, energy, water management, digital connectivity, climate action, and critical industries. The bank’s current and planned project pipeline in Central Asia is approaching €3 billion.
A major focus of EIB engagement will be supporting the Trans-Caspian Transport Corridor, a strategic connectivity route linking Central Asia with wider international markets. The bank is also exploring opportunities in Uzbekistan that could involve around €1 billion in potential investments across transport, clean energy, digital infrastructure, healthcare, and industrial development.
The expansion follows growing cooperation between the European Union and Central Asian countries under the Global Gateway strategy, which promotes sustainable infrastructure and long-term economic partnerships. The EIB has already been active in the region since 2009, supporting projects in Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
Uzbekistan has become a key partner for the EIB, with planned initiatives aligned with the country’s long-term development goals. Potential investments include greener transport systems, renewable energy projects, improved water management, stronger digital networks, and support for critical raw material value chains.
Beyond financing, the EIB is also expanding advisory services to help governments and institutions prepare complex projects and attract additional investment. One of the latest initiatives involves cooperation with Uzsuvtaminot on a potential wastewater treatment project in Tashkent that could improve sanitation services and strengthen urban infrastructure.
EIB officials said the new regional presence reflects the growing demand for high-quality investment in Central Asia. By working directly with governments, businesses, and international partners, the bank aims to speed up project development and support economic transformation.
The opening of the Tashkent representation marks a new phase in EU-Central Asia cooperation, with a focus on sustainable growth, regional connectivity, and infrastructure that benefits communities across the region.
