IsDB President Embarks on a Strategic Visit to Central Asian Countries to Boost Economic Ties

Jeddah, Kingdom of Saudi Arabia 5th June 2024: The President of the Islamic Development Bank (IsDB), Dr. Muhammad Al Jasser, will embark on an official trilateral visit to the Central Asian nations of the Kyrgyz Republic, the Republic of Kazakhstan, and the Republic of Tajikistan from June 5th to June 13th, 2024. This visit aims to strengthen economic ties, explore transformative developmental projects, and enhance multifaceted cooperation across various strategic sectors.

Dr. Al Jasser’s first stop will be in the Kyrgyz Republic from June 5th to 8th. During this initial leg, he will visit several flagship projects funded by the IsDB and hold high-level bilateral talks with H.E. Mr. Sadyrbek Japarov, President of the Kyrgyz Republic, and other senior government officials. The discussions will revolve around enhancing financial cooperation, forging new partnerships, and unlocking innovative opportunities in crucial sectors such as energy, healthcare, and information and communication technologies (ICT). Additionally, the IsDB will actively engage in initiatives aimed at advancing vaccine manufacturing and cutting-edge technology development within the nation.

On June 8th, Dr. Al Jasser will travel to the Republic of Kazakhstan, where he will engage in bilateral talks with senior members of the government, on the way to enhancing collaboration and mutual prosperity.

The final leg of the President’s visit, from June 9th to 13th, will be in the Republic of Tajikistan. Here, Dr. Al Jasser will attend the prestigious National Development Council Meeting, chaired by H.E. President Emomali Rahmon, where he will deliver opening remarks and engage in discussions on developmental initiatives. Furthermore, he will hold bilateral talks with H.E. President Emomali Rahmon and other senior government officials, fostering stronger ties and exploring avenues for enhanced cooperation.

A highlight of the Tajikistan visit will be Dr. Al Jasser’s participation in the Third International High-Level Conference on the International Decade of Action - "Water for Sustainable Development," 2018-2028, where he will deliver a statement underscoring the IsDB’s commitment to sustainable water resource management initiatives.

The visit will culminate in the signing of the Financing Agreements for the Construction of Lot 4 of the Rogun HPP Project, marking a significant milestone in the IsDB’s partnership with Tajikistan. The delegation will also visit the Rogun HPP project site and other IsDB-financed projects, including a school in Dushanbe and the transformative Dangara Valley Irrigation Project, interacting with beneficiaries and witnessing the tangible impact of these initiatives.

 

The trilateral visit to Central Asian Countries aims to reinforce longstanding partnerships the three countries, promote regional cooperation, and unlock new frontiers of collaboration in key sectors that will shape the future of these nations and their people.

Media Opportunities:

Abdikadir Abdi,

IsDB Communication and Outreach Department. Email: ababdi@isdb.org 

About the Islamic Development Bank:

The Islamic Development Bank (IsDB) is a multilateral development bank that aims to foster socio-economic progress in its member countries and Muslim communities worldwide. Guided by the principles of Islamic finance, the IsDB provides project financing, technical expertise, and capacity building initiatives to support sustainable development and improve the quality of life for people in its member countries. With 57 member countries, the IsDB is committed to addressing development challenges and promoting collaboration to achieve the United Nations Sustainable Development Goals (SDGs).

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