Uzbekistan plans to attract US$693m ADB funds

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Finance 18/02/2010 Uzbekistan plans to attract US$693m ADB funds

Uzbekistan plans to attract US$693m ADB funds

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan is planning to attract US$693 million funds of the Asian Development Bank (ADB) for realization of priority projects within three years.

Currently, Uzbekistan and ADB are planning to develop and realize 19 priority projects in line with Financial Cooperation Programme, designed for three years. The bank periodically develops and implements strategy and cooperation programme in Uzbekistan.

Uzbekistan joined ADB in August 1995 and since that time has received 30 ADB loans totaling US$1.2 billion and technical assistance of US$32 million, the report underlined.

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