TASHKENT, Uzbekistan, April 19. The current loan portfolio of the European Bank for Reconstruction and Development (EBRD) projects in Uzbekistan has totaled 2.4 billion euros as of February 29, 2024, Trend reports.
In particular, the EBRD's loan portfolio is calculated for the implementation of 85 projects.
The majority of the portfolio, 75 percent (1.8 billion euros), focuses on sustainable infrastructure. The remaining 18 percent (437 million euros) is directed toward financial institutions, while industry, commerce, and agribusiness account for 7 percent (182 million euros).
It is noteworthy that some 57 percent of the total EBRD's portfolio in the country accounts for the private sector.
Data from the bank indicates that just about 27 projects totaling 702 million euros were carried out in Uzbekistan in 2023.
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.