MoFo Advises AIIB on its Financing to Expand Uzbekistan’s Digital Infrastructure

Morrison Foerster advised Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, on its US$100 million equivalent term loan facility to Uzbektelecom JSC, the largest telecommunications operator of the Republic of Uzbekistan, to fund the expansion of its high-speed wireless and fixed broadband network operations across Uzbekistan.

This transaction underscores AIIB’s mandate to finance Infrastructure for Tomorrow (i4T) by supporting Uzbekistan’s ambitions to deepen digital infrastructure and connectivity throughout the country, which will contribute towards accelerating the digitization of the Uzbekistan economy.

The MoFo team advising AIIB was led by partner Per Lindberg (Singapore) and associates Tina Teo (Singapore) and Lyna Luo (Singapore).