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$500 million for development of fruit & vegetable cultivation Uzbekistan

foodmate 2018-09-04
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In several regions of Uzbekistan, presentations were held on the project “Development of the Fruit and Vegetable Sector. Additional financing”. 

Within the framework of the project, farmers and agribusiness in all regions of Uzbekistan will receive additional technical and financial assistance that will help create thousands of new and well-paid jobs, increasing the productivity and profitability of the fruit and vegetable sector.

The project, worth $500 million, was approved by the World Bank (WB) in January 2018, and began in June. A new phase of the project will help purchase seeds and seedlings, water-saving technologies (like drip irrigation), construction of storage facilities and greenhouses, purchase of equipment for processing fruits and vegetables. The project will also assist research institutes in developing new methods for growing fruit and vegetable crops, storing and processing them after harvesting.

The World Bank supports the implementation of 18 projects in Uzbekistan, totalling more than $3.3 billion. They promote the implementation of macroeconomic reforms, as well as fundamental changes in the areas of agriculture and water management, energy, transport, health, education, urban development, water supply and sanitation.

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