Uzbekistan and ADB
In the Spotlight
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Uzbekistan Growth to Improve Further to 5.2% in 2019 — ADB
High infrastructure spending, an improved investment climate, increased exports, and expected agriculture pickup are helping Uzbekistan sustain its growth, but the economy remains challenged by persistent credit expansion, accelerated inflation, and a widening current account deficit, according to a new report by ADB.
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Promoting Regional Tourism Cooperation under CAREC 2030
This study seeks to assess the potential of the Central Asia Regional Economic Cooperation (CAREC) Program as a platform to promote a regional approach to tourism development.
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ADB Approves $300 Million Loan to Support Economic Reform Program in Uzbekistan
ADB Board of Directors has approved a $300 million policy-based loan to help improve economic management in Uzbekistan, which will help support macroeconomic stability and sustain high growth in the country.
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Uzbekistan's Latest Country Fact Sheet
ADB support to Uzbekistan is aligned with the country’s national development priorities, which guides its pursuit of industrial modernization and infrastructure development. Read the latest country fact sheet.
Uzbekistan is a country striving for inclusive economic growth and narrowing of gaps in infrastructure quality between rural and urban areas through economic liberalization, private sector development, regional cooperation and integration.
The country operations business plan (COBP), 2019–2021 for Uzbekistan builds on the current country partnership strategy (CPS) for Uzbekistan and is consistent with the recent government initiatives and the forthcoming CPS for Uzbekistan for 2019–2023 under preparation. The COBP includes operational support for agriculture, transport, energy, municipal services, health, education, social protection, and access to finance. Support for the key drivers of change—including private sector development, regional cooperation, governance, and others—is integrated into the operational assistance.
Uzbekistan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Latest
ADB to Help Modernize Uzbekistan's Railway Fleet, Improve Services
ADB has approved a $170 million loan to help improve Uzbekistan’s railway fleet through the procurement of 24 state-of-the-art electric locomotives.Quality Jobs Needed to Support Sustainable Growth and Development in Uzbekistan — ADB
Uzbekistan currently has a unique demographic window of opportunity as 500,000 youths will join the labor force annually over the next few years. Successfully integrating these job seekers to the labor market could transform Uzbekistan...Sustainable Tourism Development in the CAREC Region - Shixin Chen
Opening Remarks by Shixin Chen, ADB Vice President (Operations 1), at the CAREC High-Level Session During the Annual General Meeting on 1 May 2019 in Nadi, Fiji
Projects in Uzbekistan
Approved/Active
- Second Tashkent Province Water Supply Development Project
- Operationalization of the Uzbekistan Mortgage Refinancing Company
- Regional Cooperation on Increasing Cross-Border Energy Trading within the Central Asian Power System - Provision of Solutions to Bottlenecks to the Regional Power Trade (Subproject 2)
- Implementing the Integrated Trade Agenda in the Central Asia Regional Economic Cooperation Program
- Preparing Sustainable Energy Investment Projects
