News

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.

EBRD supports trade in Uzbekistan

The EBRD is stepping up its support to Uzbek exporters and importers by extending a new trade finance facility of up to $20 million to UzPromstroybank to stimulate international and regional trade. UzPromstroybank is the country’s third-largest bank with a network of 45 branches.

240,000 people in cities across Uzbekistan to benefit from improved heating and hot water services

Uzbekistan often experiences cold and harsh winters. A stable heat supply is therefore critical for ensuring the well-being of its citizens and for preventing environmental, safety, and health-related hazards.

EBRD invests in modern power generation in Uzbekistan

Power supply in south Uzbekistan will be significantly improved thanks to the creation of additional generation capacity at the existing Talimarjan power plant with the help of a sovereign loan of up to $240 million provided by the EBRD to JSC Uzbekenergo. The project will be the largest EBRD investment in Uzbekistan to date.

ADB appoints new country director for Uzbekistan

The Asian Development Bank (ADB) has appointed Cindy Malvicini as its new Country Director for Uzbekistan.

ADB loan to establish ‘one-stop shops’ for horticulture product processing, storage, and distribution in Uzbekistan

The Asian Development Bank (ADB) has approved a $197 million loan to expand its support to Uzbekistan’s horticulture sector by establishing agro-logistic centers in the regions of Andijan and Samarkand to improve processing, storage, quality assurance, shipping, and distribution of horticultural products.

ADB President reaffirms support to CAREC at 17th Ministerial Conference

Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.