EBRD helps Uzbek city of Nukus to upgrade its public transport
Uzbekistan, June 17 -- The European Bank for Reconstruction and Development (EBRD) is providing funds to develop sustainable transportation solutions in Nukus, the sixth-largest city in Uzbekistan and the capital of the autonomous republic of Karakalpakstan, in the latest project under the EBRD Green Cities programme.The EBRD's sovereign loan of up to US$ 37 million (€ 32.2 million) to the Republic of Uzbekistan for the benefit of a municipal transport company of Nukus will cover the acquisition of up to 112 electric buses with charging units and the construction of associated depot infrastructure.The project marks a key step in bringing electric mobility to Nukus by improving its public transport, easing congestion and reducing air p...
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