Monday, 25, November, 2024

The European Bank for Reconstruction and Development (EBRD) will provide long-term financing of up to 28 million euros to Uzbekistan Airports to upgrade special equipment at Uzbekistan's international airports, the company's press service said.

The previously reached agreements were confirmed by the parties at the annual EBRD forum in Samarkand on May 17, Chairman of Uzbekistan Airports Rano Juraeva and Director of the Bank's Infrastructure Department for Eurasia Ekaterina Miroshnik.

“The bank’s funds will be used to purchase new apron buses, baggage tractors, belt loaders, aircraft (AC) towing vehicles, special vehicles for refueling aircraft with water and servicing toilet compartments, ambulatory autolifts, cleaning machines, de-icing machines and other things,” Rano said. Juraev.

According to preliminary estimates, 76 units of new airport equipment will be purchased through EBRD financing.

Agreements have also been reached between the EBRD and Uzbekistan Airports on 1 million euros in grants. The bank will be attracting an international consulting company that will help optimize key business processes in order to improve the operational efficiency of Uzbekistan Airports and its structural divisions.

This will be the first example of such cooperation between the EBRD and a state-owned company in Uzbekistan, when financing occurs directly, without state guarantees from the government, Uzbekistan Airports emphasized.

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