Uzbekistan Fund for Reconstruction and Development
The Uzbekistan Fund for Reconstruction and Development was established in 2006. It is a 100% state-owned fund that finances investment projects in Uzbekistan’s priority industry sectors—oil and gas, chemicals, energy, and metals and mining.
At a Glance
Cumulative Project-Specific Cofinancing
$740 million
The fund has partnered with foreign investors, international financial institutions, and export credit agencies. Its beneficiaries are entities engaged in strategic infrastructure and socioeconomic development of Uzbekistan. It has partnered with ADB since 2014, contributing $740 million to its work with ADB.
1 January 2014–31 December 2020 Cofinanced Project
| Country | Project | Cofinancing Amount ($ million) | Type of cofinancinga |
|---|---|---|---|
| Uzbekistan | Advanced Electricity Metering Phase 4 | 70 | L |
| Power Generation Efficiency Improvement | 400 | L | |
| Takhiatash Power Plant Efficiency Improvement | 270 | L |
a L for loan