16:00 - 20.06.2026

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June 20, Fineko/abc.az. The World Bank has formally approved a $150 million concessional financing package for the Republic of Uzbekistan to anchor the second phase of the "Rural Infrastructure Development" program.

According to ABC.AZ, the capital injection will target critical infrastructure reconstruction across 296 remote mahallas (local communities) spanning six diverse regions of Uzbekistan. The development framework is scheduled to run through 2031.

Core Financial and Socio-Economic Vectors:

• Employment and Business Hubs: As part of the sub-regional expansion, dedicated business development incubators will be deployed in 15 pilot mahallas. This strategic intervention is projected to yield approximately 1,500 sustainable local jobs.

• The Multilateral Financing Matrix: The total budget of the integrated rural overhaul stands at $340 million. This total configuration is co-financed through a structural syndicate consisting of the World Bank, the Asian Infrastructure Investment Bank (AIIB), and the Government of Uzbekistan.