TASHKENT, Uzbekistan, March 7. The current loan portfolio of the European Bank for Reconstruction and Development (EBRD) projects in Uzbekistan has totaled 2.4 billion euros as of January 31, 2023, Trend reports.
In particular, the EBRD's loan portfolio is calculated for the implementation of 81 projects.
The majority of the portfolio, 76 percent ($1.8 billion), focuses on sustainable infrastructure. The remaining 17 percent ($406 million) is directed toward industry, commerce, and agribusiness, while financial institutions account for 8 percent ($182 million).
It is noteworthy that some 57 percent of the total EBRD's portfolio in the country accounts for the private sector.
According to the bank's data, only in 2022 will some 26 projects worth 839 million euros have been implemented in Uzbekistan.
The European Bank for Reconstruction and Development, the country's leading investor, has been cooperating with Uzbekistan since April 1992. The EBRD in Uzbekistan is aimed at improving the country's investment climate, providing freedom to mass media, promoting women’s entrepreneurship, and supporting Uzbekistan's green transition.