Signing of Japanese ODA Loan Agreement with Uzbekistan: Contributing to the promotion of a market economy and building an inclusive society through financial support

[Goal 1]No Poverty
SDGs
[Goal 5] Gender Equality
SDGs
[Goal 8] Decent Work and Economic Growth
SDGs

2024.02.19

On February 19, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Republic of Uzbekistan in Tashkent to provide a Japanese ODA loan of up to 37,000 million yen for the Sustainable Economy and Social Development Support Programme Loan.

signing ceremony

Signing ceremony

This loan will support the Uzbekistan government’s continued economic reforms related to the transition to a market economy and will also enhance social inclusion and stability, including protecting the vulnerable, who are susceptible to changes in economic conditions. Through support for the strengthening of market institutions and the environment for private sector growth, the improvement of state-owned enterprise management, and the enhancement of social inclusion and resilience, this loan will contribute to the achievement of SDGs Goals 1 (No poverty), 5 (Gender equality), and 8 (Decent work and economic growth).

Details for the project are provided below.

1. Terms and Amount of Loan

Project title Amount
(million yen)
Annual interest rate (%) Repayment
period
(years)
Grace
period
(years)
Procurement
Project Consulting services
Sustainable Economy and Social Development Support Programme Loan 37,000 1.80 - 30 10 General untied

2. Executing Agency

Ministry of Economy and Finance
URL: https://www.imv.uz/en

3. Planned Implementation Schedule

(1) Completion of project: March 2024—when the loan is executed.

(2) Issuing of letters of invitation for consulting services (including detailed design work): no hiring of consultants is planned for this loan.

(3) Tendering of announcement of initial procurement package for international competitive bidding on project construction: no work in conjunction with bidding is planned for this loan.

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