EBRD to Finance Green Line Trading Expansion in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) — The European Bank for Reconstruction and Development (EBRD) is strengthening its support for retail modernization and sustainable logistics in Uzbekistan by financing the expansion of Green Line Trading (GLT), one of the country’s leading distributors of packaged food and beverages.

GLT will receive a financial package of up to €15 million, organized by the EBRD. This includes a €9 million loan to finance working capital and a €6 million loan for the construction of a new Class B warehouse.

The project envisions a 16,128-square-meter warehouse complex, doubling the company’s overall distribution capacity.

Expansion will be further supported by €259,000 in blended concessional financing from the EBRD’s FINTECC (Finance and Technology Transfer Centre for Climate Change) facility. These funds are earmarked for implementing eco-friendly and energy-efficient solutions, including 400 kW solar panels, electric vehicle charging stations, and thermal modernization of warehouse facilities.

Sustainability measures are expected to reduce annual carbon dioxide emissions by 467 tons and achieve significant energy savings.

GLT also plans to expand its retail network to 30,000 outlets nationwide, strengthen logistics infrastructure, and diversify its product range.

The project is supported by the Japan-Europe Cooperation Fund. To date, the EBRD has invested nearly US$6.9 billion (€5.8 billion) in Uzbekistan’s economy through 205 projects, with a significant portion targeting private-sector development. Uzbekistan has remained the largest EBRD financing recipient in Central Asia for the past six years.