ADB President Visits Uzbekistan to Strengthen Partnership, Celebrate 30 Years of Cooperation Asian Development Bank (ADB) President Masato Kanda met today with Uzbekistan President Shavkat Mirziyoyev to reaffirm the strength of ADB’s partnership with the Republic of Uzbekistan and to commemorate 30 years of development cooperation.
EBRD finances the largest battery energy storage system in Central Asia The European Bank for Reconstruction and Development (EBRD) is contributing to Uzbekistan’s objective of developing up to 25 GW of solar and wind capacity by 2030, by organising a facility of up to US$ 229.4 million for the development, design, construction and operation of a 500 MWh battery energy storage system (BESS) and a 200 MW solar photovoltaic power plant in the country’s Tashkent region.
EBRD finances upgrade of key road in Uzbekistan The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable transport connections in Central Asia by financing the upgrade and expansion of a key transportation route in Uzbekistan.
AIIB, Uzbekistan Sign USD108-M Loan to Improve Rail Transport Connectivity The Asian Infrastructure Investment Bank (AIIB) and the Republic of Uzbekistan have signed a USD108-million loan to electrify the Bukhara-Miskin-Urgench-Khiva railway line.
The Second Central Asia Trade Policy Forum was held eight years after the first edition of the event in Ashgabat, Turkmenistan.
Marakand – Karshi Railway Electrification Project The Marakand – Karshi Railway Electrification Project was designed to support the development of Uzbekistan’s railway system and strengthen trade cooperation with neighboring countries by financing the electrification of the 140 km Marakand–Karshi section within CAREC Corridor 6 (Photo by Relisa Granovskaya).
CAREC Corridor 6 (Ayni-Uzbekistan Border Road) CAREC Corridor 6 (Ayni-Uzbekistan Border Road) Improvement Project will restore approximately 113 kilometers of road between Ayni-Panjakent in the northern part of Tajikistan and its border with Uzbekistan (photo by Nozim Kalandarov).
How to create more jobs and reduce poverty in Uzbekistan: Focus on the agri-food sector Despite the severe implications of the COVID-19 pandemic, Uzbekistan’s agri-food sector remains an important driver of economic growth and export. It is projected to grow by 2.8% in 2020, compared with 0.6% growth in national GDP.
Speeding up digital transformation to tackle COVID-19 in Uzbekistan Digitalization can help Uzbekistan overcome major hurdles as it integrates into the global economy: both its physical constraints as a doubly land-locked country, and the information gaps and technical barriers to increasing prosperity.
Let the water flow: Improved irrigation to help farming communities in Karakalpakstan In Uzbekistan, a World Bank-supported project aims to help 1,500 private farms and 40,000 small farming households in three districts of rural South Karakalpakstan, by improving irrigation and drainage services to increase farming productivity.