Uzbekistan to Modernize Transport Infrastructure and Reform the Sector with Support from the World Bank
Uzbekistan, March 26 -- The World Bank's Board of Executive Directors has approved a $200 million project to help Uzbekistan modernize transport infrastructure in the country's Surkhandarya region. It will contribute to the creation of new jobs and businesses along a reconstructed section of the M41 regional road corridor. The project will also support the authorities in implementing comprehensive reforms in the transport sector.Uzbekistan's transport sector, which contributes to nearly 8 percent of the country's GDP and employs about a million people, has significantly improved its performance over the past decade, climbing from 129th to 88th place between 2014 and 2023 in the World Bank's Logistics Performance Index.At the same time, the ...
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