World Bank, IFC Share Insights On Enhancing Investment Projects In Uzbekistan

(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, April 18. A seminar
titled“Modernization of Investment Project Management in
State-Owned Enterprises of Uzbekistan” was held at the Ministry of
Economy and Finance of Uzbekistan, Trend reports, citing the Ministry of Economy
and Finance of Uzbekistan.

The event, organized by the ministry in collaboration with
UzAssets JSC, aimed to address key issues in investment project
management within state-owned enterprises, as well as to exchange
international experiences and practical recommendations.

UzAssets JSC leadership emphasized the paradigm shift in capital
allocation strategies across 22 state-owned enterprises. Strategic
imperatives encompass the deployment of a project-centric
methodology alongside the digital transformation of capital
allocation workflows.

Representatives from the World Bank and the International
Finance Corporation (IFC) contributed valuable insights, sharing
recommendations and experiences on improving investment management
in state-owned enterprises.

International best practices were also presented during the
seminar. KPMG showcased key approaches to planning, monitoring, and
implementing investment projects at a global level. The Boston
Consulting Group (BCG) provided an analysis of the current state of
investment project management in Uzbekistan’s state-owned
enterprises, offering specific recommendations aimed at enhancing
the effectiveness and sustainability of the investment process.

The event culminated in a synergistic dialogue, wherein
stakeholders engaged in a robust exchange of ideations and
delineated potential avenues for enhanced collaboration in the
execution of innovative management paradigms aimed at optimizing
operational efficiency and fostering sustainable development
initiatives.

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