The Asian Development Bank has approved a $250 million loan to Uzbekistan to support its transition to a low-carbon economy, focusing on sectors such as transportation and energy, while enhancing the climate resilience of water resources and agriculture.
EBRD loaned Uzbekistan up to $238 million to reconstruct the road Urgench — Khonqa — Hazorasp — Toshsoqa — Amudaryo — A380 highway in Khorezm region, and build a bridge over the Amudaryo river. Following the reconstruction, the one-lane road will be expanded into a two-lane highway.
Ministry of Economy and Finance of Uzbekistan and World Bank signed an agreement for a $50 million concessional loan to support the Digital Inclusion Project. This loan aims to expand access to IT skills for thousands of young people residing in rural areas across the country.
Uzbekistan will receive from Japan a loan worth over $246.2 million to support economic reforms and socially vulnerable groups.
ADB will lend to Uzbekistan $240 million to improve 700 km of rural roads in all regions of the country. The project is expected to improve their capacity, quality, connectivity, and resilience to climate change.
The World Bank has approved $800 million of highly concessional and low-cost loans to Uzbekistan on favorable terms. Those are intended for implementation of reforms to accelerate the transition to a market economy. Funding will be invested into energy, railway, agriculture and other sectors.
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