BAKU, Azerbaijan, Apr. 6
By Ilkin Seyfaddini – Trend:
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved the allocation of $385 million to Uzbekistan for the first phase of the project on the provision of drinking water and sewage systems in Bukhara region, Trend reports citing the Ministry of Investment and Foreign Trade of Uzbekistan.
The project aims to develop sustainable water supply and sewerage infrastructure in priority districts of Bukhara region, which in turn will improve living standards and business activity in the region.
It is expected that about 1.2 million residents of Bukhara region will benefit from the project, of which 540,000 residents of the region will have access to centralized drinking water supply for the first time and 105,000 people will have access to the centralized sewerage system.
This project is the first stage of an unprecedented project on integrated development of water supply and sewerage systems in Bukhara region. The second stage of the project will increase access of 620,000 more people to the centralized water supply and sewerage system.
In total, as a result of the project, the total cost of which is about $600 million, the Bukhara region will be fully provided with drinking water supply services, and all district centers of the region will be fully covered by access to the centralized sewerage system.
The Asian Infrastructure Investment Bank was established on 24 October 2014 at the initiative of the Chinese authorities to support infrastructure projects in the Asian region. Uzbekistan has been a member of AIIB since 29 November 2016.
Currently, a number of infrastructure projects in the areas of water supply, sewerage, construction and reconstruction of roads, electrification of railway tracks, integrated development of basic infrastructure in the regions and others, worth more than $2 billion, are being developed in the country in cooperation with the bank.
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