Islamic Development Bank
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The Islamic Development Bank will allocate nearly $300 million to improve education and road infrastructure in Uzbekistan. A total of 58 schools based on inclusive education requirements will be built under the grant agreements. The A-373 highway passing through Syrdarya region will also be reconstructed.
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The Islamic Development Bank will allocate 79 million dollars to Kyrgyzstan within the framework of the project "Financing affordable housing according to Sharia norms". The Kyrgyz government announced that thousands of families will be provided with affordable housing thanks to the project.
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In 2024-2028, the Islamic Development Bank will provide a soft loan of 260 million dollars for a period of 20 years to improve the infrastructure of villages in Samarkand, Surkhandarya and Kashkadarya regions of Uzbekistan.
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