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    President Mirziyoyev reviews progress of $16bn projects in Uzbekistan's key sectors

    President Mirziyoyev reviews progress of $16bn projects in Uzbekistan's key sectors

    In a recent meeting presided over by President Shavkat Mirziyoyev, the progress of various projects in the fields of drinking water, agriculture, and healthcare, funded by international financial institutions, was reviewed. Over the past seven years, these institutions have allocated a substantial sum of $16 bn to Uzbekistan, leading to the initiation of 103 projects.

    Photo: Role of international financial institutions in Uzbekistan’s development
    Source: President's Press Service
    These projects have had a significant impact on the lives of the Uzbek people, with approximately 5 mn individuals reaping the benefits. A total of 9,000 social and infrastructure facilities have been constructed or renovated, and 38 new large-scale industrial facilities have been launched, creating 6,500 high-income jobs. - reports the President's Press Office

    The implementation of some projects has been delayed, particularly in the sectors of agriculture and healthcare. For instance, the Ministry of Agriculture was expected to utilize $238 mn of funds this year, but it has fallen short of this target. Similarly, several health projects, such as the equipping of nephrology and urology institutions and the construction of a multidisciplinary medical centre, have not yet started investment appropriation. 

    In the Uzsuvtaminot network, 22 projects worth $2.1 bn are underway, but there is a risk that 8 of these projects may not be launched on time. The President has emphasized the need for increased ministerial responsibility in project implementation and effective fund utilization.

    Photo: Role of international financial institutions in Uzbekistan’s development
    Source: President's Press Service

    The meeting concluded with officials outlining plans to accelerate work, eliminate delays, and ensure project quality by the end of 2024.

    International financial institutions have played a crucial role in Uzbekistan’s development. For instance, the World Bank has been supporting projects in the country that have brought clean, running water to communities, benefiting more than 232,000 residents. Similarly, the Asian Development Bank has been involved in the Western Uzbekistan Water Supply System Development Project, which aims to address the acute surface water shortage in the region. - the President's Press Office stated

    In the field of agriculture, Uzbekistan has attracted $2.4 bn in recent years, with projects focusing on areas such as the establishment of agro-logistics centres and the modernization of existing infrastructure.

    In healthcare, Uzbekistan has embarked on an ambitious process to modernize its health system and make progress towards universal health coverage. The World Bank’s Bukhara and Samarkand Sewerage Project, which concluded in 2021, benefitted more than half a million Uzbek citizens with improved water supply and sanitation services.

     

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    20.11.2023, 22:37   Comments (0)   1898
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