IDB issues US$37m loan to Uzbek project
05/04/2012 09:00
IDB issues US$37m loan to Uzbek project
05/04/2012 09:00
Tashkent, Uzbekistan (UzDaily.com) -- The 282nd meeting of the Board of Executive Directors of the Islamic Development Bank (IDB) approved a loan to the project in Uzbekistan.
The IDB issued US$37 million of financing to the implementation of Oncology Services Project in Uzbekistan.
Uzbekistan joined the IDB in 2003 and became its 55th member. Currently, 15 projects for US$464 million are realized within the cooperation of Uzbekistan and the IDB.
The projects cover such sectors as equipment regional centers with ambulances, construction of high-voltage electricity supply lines, construction of general schools and professional colleges, road construction, financing of small and private businesses, etc.
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