News

EBRD opens second office in Uzbekistan

The EBRD is expanding its regional presence in Central Asia’s most populated region by opening an office in Andijan, one of the largest municipalities in east Uzbekistan.

Doing Business 2020: Reforms propel Uzbekistan to place among world’s Top 20 business climate improvers

Uzbekistan undertook four key business climate reforms in the past year and earned a spot among the world’s top twenty most improved economies for ease of doing business, according to the World Bank Group’s Doing Business 2020 study.

ADB supports Uzbekistan in harnessing indigenous hydropower resources

The Asian Development Bank (ADB) has approved a $60 million loan to construct hydropower plants capable of adding 25 megawatts capacity, which will help the Government of Uzbekistan achieve its goal of diversifying the country’s energy mix through greater use of clean energy sources and lowering carbon emissions.

ADB vice-president reaffirms commitment to Uzbekistan’s development

Asian Development Bank (ADB) Vice-President Diwakar Gupta reiterated ADB’s support for the government’s development and reform agenda during his 2-day visit to Uzbekistan.

EBRD offers new financing opportunities for Uzbekistan exporters and importers

The EBRD is providing a boost to domestic importers and exporters in Uzbekistan by opening a limit of up to $20 million under the EBRD’s Trade Facilitation Programme (TFP) to Asaka bank.

World Bank welcomes Uzbekistan’s continued reform commitment, increases support

World Bank Vice President for Europe and Central Asia, Cyril Muller, commended the Government of Uzbekistan for accelerating social and economic reforms to improve people’s living standards.

ADB, Uzbekistan renew development partnership with new 5-year strategy

The new country partnership strategy, from 2019–2023, supports the Government of Uzbekistan's ongoing reforms to help the economy’s transition towards a more inclusive and market-driven growth path.

ADB to help modernize Uzbekistan’s railway fleet, improve services

The Asian Development Bank (ADB) has approved a $170 million loan to help improve Uzbekistan’s railway fleet through the procurement of 24 state-of-the-art electric locomotives.

ADB Vice-President Shixin Chen visits Uzbekistan to build on 24 years of strong development partnership

Asian Development Bank (ADB) Vice-President Shixin Chen has commended the government on its reform agenda and its management of the country’s transformation to a market-based economy during a 4-day visit to Uzbekistan.

ADB loan to improve water supply system in Tashkent province

The Asian Development Bank (ADB) has approved a $105.3 million loan to help rehabilitate and expand the regional water supply system in the Yangiyul and Chinaz districts of Tashkent Province in Uzbekistan, delivering safe potable water to over 220,000 people.