Tashkent, Uzbekistan (UzDaily.com) -- On 19 December 2020, the Board of Directors of the Islamic Development Bank (IDB) approved financing of two large-scale and economically significant projects in Uzbekistan for a total of US$509.2 million, the press service of the Ministry of Investment trade said.

The first project, worth US$200 million, envisages the modernization of a number of infrastructure and social facilities in the Republic of Karakalpakstan, as well as Khorezm, Bukhara and Navoi regions.

The project envisages the construction and reconstruction of 1,161 km of water supply systems, 626 km of access and intramassive roads, 1,154 km of low-voltage power lines, 693 km of irrigation and drainage networks, 155 educational, medical and more than 100 other facilities. The implementation of the project will improve the living conditions of more than 710,000 people, and will also have a significant impact on the sustainable development of these regions.

The second project, for which the Bank is allocating US$80 million, stipulates the implementation of the second phase of the program to comprehensively improve the system of providing medical services to patients with cancer by equipping domestic clinics with modern medical equipment. 

The implementation of the project will make it possible to establish early diagnostics of oncological diseases and, in general, improve the quality of patient treatment: more than 1.8 million women will be able to undergo diagnostic screening, and 150,000 cancer patients will receive quality medical care. It is worth noting that earlier, within the first phase of this program, the IDB allocated funds in the amount of US$37 million.

The IDB is a reliable partner of Uzbekistan in the implementation of the reforms carried out in the Republic. Over the years of cooperation, since 1994, in total, the IDB has provided funds worth more than US$2 billion, due to which dozens of major investment projects have been implemented.