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Uzbek Agriculture Ministry uses investments for US$17.072m in 1Q
Uzbek Agriculture Ministry uses investments for US$17.072m in 1Q

Uzbek Agriculture Ministry uses investments for US$17.072m in 1Q

Tashkent, Uzbekistan (UzDaily.com) -- Ministry of Agriculture and Water Management of Uzbekistan attracted foreign investments for US$8.598 million and used investments for US$17.072 million in the first quarter of 2014.

According to the press service of the Ministry, investments were attracted or used within the 15 projects.

In particular, the ministry attracted US$2.28 million and used US$10.349 million within the project “Sectoral project. Management of water resources in Ferghana and Zarafshan Valleys” with the participation of the Asian Development Bank (ADB). The project cost is US$174.1 million, of which the ADB issued US$102.69 million and the Government – US$44.05 million.

Uzbekistan used US$2.059 million within the project “Management of water resources in Ferghana Valley. Phase-1” with participation of the World Bank in the reporting period.

Within the project “Rehabilitation of irrigation network and sewage system in Jizzakh and Syrdarya region”, the investments for US$2.228 million were used. The project is realized within Kuwait Fund for Arab Economic Development, Islamic Development Bank, OPEC International Development Fund.

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