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Japan allocates no-string aid for US$7.3 million to Uzbekistan
The Japanese government provided no-string aid for over US$7.3 million for the supply of road machinery to Uzbekistan.
On 30 May 2018, Japanese Ambassador to Uzbekistan Nobuaki Ito and Chairman of the State Committee for Roads Abdurahmon Abduvaliev signed Exchange Notes within no-string aid under the program of economic and social development.
According to the Embassy of Japan in Uzbekistan, within the framework of the document, Japan will provide Uzbekistan with the financial resources for 800 million Japanese yen (over US$7.3 million).
This project envisages supply of road equipment of leading small and medium-sized enterprises in Japan for Uzbekistan, which in turn will create a solid foundation for development of the country’s infrastructure potential, and will also provide indirect and direct benefits to the entire people, including the 5.7 million residents of the Syrdarya, Jizzakh, Khorezm regions and the Republic Karakalpakstan.
In addition, the project will contribute to economic and social development of the country by ensuring the stability of society.
UzDaily.com