More than half of the funds have been allocated to projects related to the "green" economy, including the development of renewable energy and hydrogen. The total amount of attracted funds, including co-financing.
The bank has supported the energy and transport sectors by providing loans for the construction of solar power plants, power transmission lines, and the restoration of transport infrastructure. A significant portion of investments has also been directed towards the development of the financial sector and small businesses. Special attention has been given to entrepreneurs in rural areas, as well as women and youth.
The EBRD loan of $66.4 million awarded to the National Electric Networks of Uzbekistan will support the construction of a 230 km long power transmission line with a voltage of 500 kV in the Navoi region. This project will help eliminate bottlenecks in the network and reduce power outages, as well as facilitate the integration of renewable energy sources.
Funding of $238 million will aid in the restoration of the transport highway and the construction of a bridge over the Amu Darya River in the Khorezm region, thereby promoting the development of sustainable transport communications in Central Asia.
Within the framework of cooperation with the government of Uzbekistan, the EBRD has facilitated reforms in privatization, the electricity market, and subsoil use.