BAKU, Azerbaijan, August 14. The Turkic Investment Fund (TIF) will prioritize investments in infrastructure, renewable energy, climate resilience, water security and small and medium-sized enterprises under its planned co-financing partnership with the Uzbekistan-Kyrgyz Development Fund (UKDF), the Turkic Investment Fund (TIF) told TurkicWorld in an exclusive interview.
"Our initial focus will be on sectors where the respective mandates and priorities of TIF and the Uzbekistan-Kyrgyz Development Fund naturally complement one another," the fund said.
According to TIF, the priority areas include physical and digital infrastructure, renewable energy, climate-resilient investment, MSME development, and projects aimed at strengthening cross-border trade and connectivity.
The statement said water security is also emerging as a strategic investment priority as Central Asia faces mounting pressure from rising water demand and climate change.
"Efficient and sustainable water management is becoming more important than ever," TIF said, adding that Kyrgyzstan's abundant water resources and hydropower potential position the country to make a significant contribution to the region's long-term resilience and energy security.
It was noted that TIF is interested in investments that improve water-use efficiency, reduce water losses, strengthen climate resilience, and deploy innovative technologies to enhance the sustainability of water and energy infrastructure.
"We are not looking merely for stand-alone transactions. We want to support projects that generate broader economic value, strengthen regional resilience and create conditions for further public and private investment," the Turkic Investment Fund said.
The TIF also described Uzbekistan and Kyrgyzstan as central to the fund's regional investment strategy, noting that both founding members are playing an increasingly important role in Central Asia's economic transformation.
"We view them not only as individual markets, but also as closely connected economies with considerable potential for deeper trade, industrial cooperation and cross-border investment," the fund said.
TIF added that the partnership with UKDF combines TIF's regional financing capacity with the development fund's local expertise and institutional knowledge, allowing the two organizations to identify investment opportunities earlier and move viable projects toward implementation.
"TIF brings regional reach; UKDF brings local depth. Together, we can turn shared priorities into investable projects," the fund added.
