AGP Executive Report
Last update: 2 hours agoPower Grid: Uzbekistan has secured $300 million in World Bank and Asian Development Bank loans to modernize 60 substations, reduce electricity losses and connect at least 3.3 GW of new renewable capacity. The $371 million program also includes government funding. Waste-to-Energy: Six projects worth $933 million are expected to process 3.6 million tonnes of waste a year and generate 1.6 billion kWh of electricity from 2027, while cutting gas use. Islamic Finance: Uzbekistan is building a legal framework for sukuk after adopting Islamic banking legislation, paving the way for new financial products and dedicated banking services. Investment and Trade: Uzbek and Jordanian officials discussed joint manufacturing and projects in mining, agriculture, pharmaceuticals and energy, but gave no investment figures or timelines. Hospitality: Radisson Hotel Group signed a deal for a 100-room hotel in Tashkent, scheduled to open in 2027.
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