Monday, 15, April, 2024

In addition, a memorandum of understanding was signed with the Uzsuvtaminot company to develop access to drinking water in the provinces. The Board of Directors of the AFD approved 160.9 million euros of funding to finance drinking water infrastructure in Tashkent and Fergana provinces. AFD and Uzsuvtaminot are also working to complete the evaluation of a similar project for Kashkadarya province.

Memorandum of understanding was also signed on funding irrigation research. The AFD will provide a €1.5 million grant to conduct research to modernize the irrigation system in Aral Sea.

Finally, a €30 million loan agreement was signed with Uzpromstroybank to finance ecofriendly investments.

The program of strategic cooperation until 2025, signed between Uzbekistan and the AFD, provides for the joint implementation of projects worth over 1 billion euros.

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