Wed 04 2016 10:49:14

Tashkent, Uzbekistan (UzDaily.com) -- The Asian Development Bank (ADB) could provide a loan to Uzbekistan for the modernization of agriculture by the end of 2016.

According to the ADB website, the bank can issue a loan for US$170 million.

The ADB’s bank said that the project concept will be developed before the end of May 2016. ADB’s Board of Directors will review the project at the end of November 2016.

The funds will be used to support structural reforms in the agricultural sector of Uzbekistan, strengthening the material-technical base of farms, as well as to diversify the structure of grown products.

 
 

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