IBRD provides $100 million loan for medium-size cities development project in Uzbekistan

AKIPRESS.COM - The International Bank for Reconstruction and Development will provide $100 million loan for Medium-Size Cities Integrated Urban Development Project, CA-News reports. The maturity period will be 30 years, the grace period will make 5 years.
The government will contribute $24.12 million in form of tax and customs privileges, coverage of resettlement expenditures.
The Project will be realized in Yangiyul, Tashkent region; Kagan, Bukhara region; Chartak, Namangan region.