10.05.19.

The European Bank for Reconstruction and Development (EBRD) will allocate $ 300 million for the modernization of the drinking water system of Uzbekistan.

According to a statement from the Ministry of Investment and Foreign Trade of Uzbekistan, Minister Sardor Umrzakov met with EBRD President Suma Chakrabati within the scope of the annual meeting of the EBRD in Sarajevo and discussed bilateral co-operation issues.

According to the statement, Umrzakov and Chakrabarti signed a memorandum on the financing of the project, which foresees the modernization of the drinking water system in Uzbekistan.

The memorandum envisions the modernization of EBRD's drinking water systems in remote areas of Uzbekistan.

Chakrabati made a statement following the signing ceremony, recalling that important economic and structural changes were made in Uzbekistan in the last two years, and that the cooperation between Uzbekistan and the bank has progressed significantly.

They also discussed issues related to the International Investment Forum foreseen by the Uzbekistan government in Tashkent in the fall.

Earlier, the Asian Development Bank had decided to allocate $ 105.3 million for the modernization of the drinking water system in Uzbekistan.

The project will provide access to drinking water for 200,000 people near Tashkent.

Most of these systems are obsolete because of the construction of drinking water systems in the former Soviet era.

http://kabar.kg/tur/news/ebrdden-ozbekistana-icme-suyu-deste-i/