The project cost is US$160 million. The Board of directors of the World Bank will consider allocation of the loan in the first quarter of 2014.
The project envisages improving high quality raw base for fruit tinning and vine production industries with use of moderntechnologies.
The resources of the loan will be directed to purchase of new sorts of trees, development of technologies on creation of fruit gardens at limited areas, creation of infrastructure for storage of fruits.
Currently, Uzbekistan has about 70,000 farms and subsidiary entities, which specializes in horticulture and vineyard. They rented 5.3 million hectares of land. In 2012, Uzbekistan produced 2.05 million tonnes of fruits and barriers, as well as 1.2 million tonnes of grapes.