TASHKENT, Uzbekistan, August 28. The current loan portfolio of the European Bank for Reconstruction and Development (EBRD) projects in Uzbekistan has totaled 2.8 billion euros as of July 31, 2024, Trend reports.
In particular, the EBRD's loan portfolio is calculated for the implementation of 95 projects.
The majority of the portfolio, 77 percent (2.2 billion euros), focuses on sustainable infrastructure. The remaining 16 percent (457 million euros) is directed toward financial institutions, while industry, commerce, and agribusiness account for 7 percent (193 million euros).
Some 56 percent of the total EBRD's portfolio in the country accounts for the private sector.
Meanwhile, the EBRD has invested 4.9 billion euros in 164 projects in Uzbekistan.
The European Bank for Reconstruction and Development, the country's leading investor, has been cooperating with Uzbekistan since April 1992. EBRD aims at improving the country's investment climate, providing freedom to mass media, promoting women’s entrepreneurship, and supporting Uzbekistan's green transition.