▲ Up
 
19:13 01-04-2015
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
World Bank to allocate $410.3 mln for agriculture sector of Uzbekistan

Bishkek (AKIpress) - Uzbek vegetables The World Bank’s Board of Executive Directors approved financing totaling $410.3 million for two projects in the agriculture sector of Uzbekistan: the Horticulture Development Project and the South Karakalpakstan Water Resources Management Improvement Project.

The two new projects will contribute to achieving the World Bank Group’s twin goals to end extreme poverty and boost shared prosperity. They are part of the Bank Group’s Country Partnership Strategy for Uzbekistan for 2012-2015.

The Horticulture Development Project (IBRD loan of $150 million) will contribute to poverty reduction in Uzbekistan by assisting horticulture farmers, to increase their farms’ productivity and incomes. At the same time, the project will promote shared prosperity by supporting the growth and development of small and medium enterprises in the rural areas, creating more and better paying jobs in the agro-processing, trading and export sectors, and increasing the value added of the agricultural sector.

The project has three components: 1) Agricultural Support Services, 2) Access to Credit, and 3) Project Management, and will be implemented in eight regions of Uzbekistan.

The South Karakalpakstan Water Resources Management Improvement Project (IDA credit of $242.50 million and IBRD loan of $18.22 million) aims to restore irrigation and improve water management in a sustainable and financially efficient manner in one of the poorest areas in Uzbekistan.

The project will remove the current dependence of the farmers in the project area on energy-inefficient pumping by developing a gravity off-take from Tuyamuyun reservoir and dismantling all lower Amu Darya pumping stations currently serving the project area. It will strengthen institutions and capacities, and improve performance of public irrigation and drainage service delivery.

Both new projects will help the Government of Uzbekistan in its strategy to modernize agriculture in the country, including support for cotton harvest mechanization, promotion of agricultural diversification away from cotton by improving farmer access to new technologies, finance and markets, measures to mitigate state intervention in cotton production, and assistance for cotton certification to capture the premium on cotton that is produced in compliance with international labor standards.


Twitterfacebookprint
15:36 13.06.2014
LATEST NEWS
17:15 Atambayev asks not to confuse Kyrgyzstan with other 'stans'17:12 Murodali Alimardon released from post of Deputy Prime Minister of Tajikistan17:07 Turkey vows to hunt down 'dark forces' behind Istanbul hostage-taking17:05 Moscow marks Kyrgyzstan's contribution to preparation of WWII Victory celebrations16:57 Education Minister, European delegation discuss research system in Kyrgyzstan16:55 Kazakhstan, Hungary mull launch of Astana-Budapest direct flights16:52 18-minute documentary about April 7 shot, Vice PM says16:46 Support of Kyrgyz economy by services and construction sectors incomes to slow down, EDP forecasts16:40 2 million 456 thousand citizens register their biometric data16:34 President Atambayev meets with German President Joachim Gauck16:29 MPs propose allocation of 50 million som to Bishkek Botanical Garden16:22 Manuscripts Fund of Language and Literature Institute might receive 3 million som for rehabilitation16:15 OSCE seminar promotes traffic safety in Turkmenistan16:12 Banks must increase their authorized capital to 300mln soms - central bank16:03 Parliament ratifies cooperation agreement with China16:02 Kazakhstan, Hungary sign a number of deals15:57 Member of Batukayev's organized crime group detained in Jalal-Abad15:51 27 tuberculosis facilities operating in Kyrgyzstan fail to meet international standards15:42 Urkaine refuses to extradite ex-president of Georgia Saakashvili15:42 State Registration Service plans to employ 4 thousand IT-professionals at upcoming elections
Astana
-3° C
Ashgabat
+11° C
Bishkek
-1° C
Dushanbe
+10° C
Tashkent
+7° C
exchange rates
 
68.49
63.89
10.28
1.11
199.09
185.65
29.95
3.22
6.27
5.84
0.94
0.10
2642.45
2484.15
400.29
41.38
3.76
3.50
0.56
0.06

© AKIpress News Agency - 2001-2015. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to www.akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75