AFD and Uzbekistan Plan to Sign New Agreements Worth €300 Million by the End of 2025

Tashkent, Uzbekistan (UzDaily.com) — The French Development Agency (AFD) and Uzbekistan plan to sign new agreements worth €300 million by the end of 2025, said Amélie Aubert, AFD’s Regional Director for Central and Eastern Asia, during her visit to the country.

According to Ms. Aubert, AFD has been actively working in Uzbekistan for ten years. Over this period, the agency has provided more than €1.6 billion to support 13 projects across various sectors of the economy, including energy, agriculture, infrastructure modernization, and social programs.

In its operations, AFD closely cooperates with the Uzbek authorities, offering expert support and mobilizing private investment through its subsidiaries Proparco and Expertise France. The total volume of investments made by these entities in Uzbekistan amounts to €213 million and €20 million, respectively.

Amélie Aubert noted that AFD is proud of its long-term partnership with Uzbekistan and of the country’s achievements in poverty reduction. She praised the high level of reforms and dynamic development and expressed confidence that joint efforts would continue to strengthen bilateral relations in the medium and long term.

In the energy sector, AFD supports reforms aimed at creating favorable conditions for investment in renewable energy, while its subsidiary Proparco is financing five projects in this field. The agency is also funding the modernization of power grids and improving energy efficiency in residential buildings, allocating €30 million in loans to enhance insulation and implement related measures.

In agriculture, AFD is implementing a €100 million project to support farmers across the country, both large and small, through loans provided via four national banks.

In Karakalpakstan, a reforestation project is being prepared for signing, covering 24,000 hectares of saxaul trees and an additional 4,000–5,000 hectares of other plant species. The initiative aims to mitigate the effects of the environmental crisis and improve living conditions in the region.

Amélie Aubert emphasized that AFD seeks to further expand cooperation, support ongoing reforms, and promote development in the energy sector, agriculture, water supply, sanitation, and social protection—ensuring that no segment of the population is left behind amid ongoing transformations.

The agency plans to build on its accumulated experience and continue improving the effectiveness of its projects to deliver tangible benefits for the people of Uzbekistan.