2026.06.19
On June 18, the Japan International Cooperation Agency (JICA) signed two loan agreements with the Government of the Republic of Uzbekistan in the capital city Tashkent, to provide Japanese ODA loans for the following two projects. The signatures were exchanged between Deputy Prime Minister and Minister for Economy and Finance Kuchkarov Djamshid Anvarovich of the Republic of Uzbekistan and JICA Senior Vice President Yoshikawa Yoshifumi.
Signing ceremony
Terms and Amount of Loan
- Country
(Target Areas)
Republic of Uzbekistan (All of Uzbekistan)
- Project Objective
The objective of the Project is to promote energy efficiency in Uzbekistan by providing a two-step loan to promote the installation of energy efficient equipment in the industrial sector, thereby contributing to the transition towards a green economy, strengthening its energy security, and mitigating climate change.
- Project Component
a. Two-step loan to participating financial institutions for the promotion of energy efficiency in Uzbekistan’s industries
b. Consulting services for the promotion of energy efficiency in Uzbekistan’s industries
- Maximum Loan Amount
14,969 million Japanese Yen
- Annual
Interest Rate
Project: 2.40%, Consulting Services: 0.80%
- Repayment Period
25 Years
- Grace Period
7 Years
- Procurement
Untied
- Executing Agency
National Agency for Energy Efficiency
- Contribution to SDGs
Goal 13 （Climate Action）
-
Planned Implementation Schedule
1. Completion of the Project: November 2030, when disbursement for items other than consulting services completed.
2. Issuing of letters of invitation for consulting services (including detailed design work): July 2026
- Country
(Target Areas)
Republic of Uzbekistan (All of Uzbekistan)
- Project Objective
The objective of the Project is to promote energy efficiency by introducing energy efficient equipment and works in schools, preschools and health facilities, thereby contributing to transition towards a green economy, strengthening energy security, and mitigating climate change.
- Project Component
a. Energy efficiency improvement works in public buildings
b. Consulting service for implementation of the Project
- Maximum Loan Amount
21,788 million Japanese Yen
- Annual
Interest Rate
Project: 2.40%, Consulting Services: 0.80%
- Repayment Period
25 Years
- Grace Period
7 Years
- Procurement
Untied
- Executing Agency
National Agency for Energy Efficiency
- Contribution to SDGs
Goal 13（Climate action）
-
Planned Implementation Schedule
1. Completion of the Project: October 2032, upon the commencement of operations at all target facilities
2. Issuing of letters of invitation for consulting services (including detailed design work): July 2026
3. Tendering of announcement of initial procurement package for international competitive bidding on project construction: Package for Equipment
Release date: February 2027
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