WB to Fi­nance Re­gional De­vel­op­ment in Uzbek­istan

The World Bank (WB) Board of Di­rec­tors has ap­proved the as­sign­ment of a $ 100 mil­lion loan to Uzbek­istan as part of the Medium-Size Cities In­te­grated Ur­ban De­vel­op­ment Project.

Uzbekistan Today (English) - - KALEIDOSCOPE -

The funds will be al­lo­cated by the In­ter­na­tional Bank for Re­con­struc­tion and De­vel­op­ment (IBRD), part of the WB Group.

“For the first time, the World Bank will fi­nance an ur­ban de­vel­op­ment project in Uzbek­istan. The scheme is to help im­prove liv­ing con­di­tions in the towns of the Bukhara, Tashkent and Na­man­gan re­gions, and will also sup­port the ef­forts of the na­tional gov­ern­ment aimed at the so­cial and eco­nomic de­vel­op­ment of the re­gions,” said Hideki Mori, head of the World Bank Coun­try Of­fice in Uzbek­istan.

The World Bank-sup­ported project is ex­pected to con­trib­ute to the de­vel­op­ment of ur­ban in­fra­struc­ture, pub­lic places and mu­nic­i­pal ser­vices in the mid­dle cities of Uzbek­istan, in par­tic­u­lar, in Ka­gan (Bukhara re­gion), Char­tak (Na­man­gan re­gion) and Yangiyul (Tashkent re­gion). The to­tal pop­u­la­tion of these set­tle­ments is 165 thou­sand peo­ple.

The project will strengthen the in­sti­tu­tional ca­pac­ity of cen­tral and lo­cal govern­ments in the ar­eas of ur­ban man­age­ment, in­fra­struc­ture, mu­nic­i­pal ser­vices, trans­port de­vel­op­ment, sus­tain­able tourism, and part­ner­ships with the pri­vate sec­tor.

The ex­pe­ri­ence gained in the course of project im­ple­men­ta­tion in the above pi­lot cities will be used in de­vel­op­ing the Na­tional Pro­gram for the De­vel­op­ment of Medium-Size Cities in Uzbek­istan.

To­day, the World Bank funds the im­ple­men­ta­tion of 19 projects in Uzbek­istan to­tal­ing $ 3.4 bil­lion to shore up eco­nomic and so­cial de­vel­op­ment in the coun­try. They in­clude sup­port for macroe­co­nomic re­forms, agri­cul­ture, the wa­ter and san­i­ta­tion sec­tors, health­care, ed­u­ca­tion, en­ergy, trans­port, and re­gional de­vel­op­ment.

In our coun­try, medium-size cities with a pop­u­la­tion of 50 to 100 thou­sand peo­ple play the role of a base for eco­nomic de­vel­op­ment and serve the needs of large cities. More than 40% of the coun­try’s ur­ban pop­u­la­tion, or about 1.5 mil­lion peo­ple, live in towns with a pop­u­la­tion of less than 100 thou­sand.

Newspapers in English

Newspapers from Uzbekistan

© PressReader. All rights reserved.