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Finance 10/06/2011 Uzbekistan plans to realize projects for US$4.76bn with IFIs
Uzbekistan plans to realize projects for US$4.76bn with IFIs
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan is planning to realize projects for US$4.76 billion in 2011-2013 with the participation of international financial institutions (IFIs).

The resources will be directed to implementation of strategic investment projects in economy and social infrastructure.

In particular, Uzbekistan is planning to implement 29 projects with the Asian Development (ADB) with total sum of US$3.704 billion.

Islamic Development Bank (IDB) will participate in 14 projects with total sum of US$1.056 billion. At the same time, the IDB will issue US$665.8 million to these projects.

As reported earlier, total number of projects, realized in Uzbekistan in cooperation with the international financial institutions (IFIs), made up 198. Total sum of projects exceeds US$3.864 billion.

Some 153 of them with the volume of US$1.45 billion were implemented. Uzbekistan implements 45 projects with the World Bank (WB), the Asian Development Bank (ADB) and Islamic Development Bank (IDB) for US$2.4 billion.

Uzbekistan realizes projects for US$2.083 billion with the ADB, of which US$597.32 million were realized and US$1.486 billion are under implementation.

In cooperation with the World Bank, Uzbekistan implements projects for US$1.313 billion, of which US$677.98 billion fell to share of implemented projects and US$635.4 million to projects under implementation.

IDB participated in projects for US$467.09 million. The sides completed projects for US$174.1 million and implement projects for US$292.99 million.

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