BAKU, Azerbaijan, July 9
By Ilkin Seyfaddini - Trend:
US Agency for International Development (USAID) announced the launch of the new $18.9 million USAID Agribusiness Development Activity that will support private sector-led growth in agriculture and related sectors in Uzbekistan, Trend reports referring the Agency.
The USAID Agribusiness Development Activity will capitalize on previous USAID investments and advancements in the sector by increasing the quantity, quality, and diversity of agricultural goods and services in Uzbekistan by private enterprises.
“The activity will support Uzbekistan’s private sector, while enabling the country to create meaningful jobs in the formal economy for its burgeoning workforce. These efforts will be focused on increasing value-added production within Uzbekistan, engaging vulnerable populations, including youth and women, linking educational institutions with the private sector demand, and fostering a favorable environment for agriculture,” the message said.
Capitalizing on Uzbekistan’s development in the agricultural sector, USAID will partner with the country’s private sector to ensure continued growth by assisting them to scale up investment and efficiency of agribusinesses while increasing their ability to add value beyond simple fresh produce and unprocessed commodities.
The expected period of performance for the new activity is five years. The USAID Agribusiness Development Activity will be implemented throughout both urban and rural areas in Uzbekistan with potential to focus on regional and international trade partners.
The activity will coordinate its efforts closely with other donor projects and will seek opportunities to leverage the resources of development partners to maximize its development impact.
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