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IFC Investments in Uzbekistan (selected)




Year
Project
Project
Cost*
(million USD)
IFC
Financing*
(million USD)
Project
Description
2002Central Asia Facility
118.0
45.0
Loan to the Central Asia Micro and Small Enterprise Facility, to increase availability of funds for small enterprises by creating specialized micro and small business finance windows at selected local banks.
2000/2002UZBEK LEASING
9.4
2.8
Uzbek Leasing International will lease equipment to small and medium enterprises.
1999/2002Asaka Bank
15.0
15.0
Credit lines for on-lending to small and medium enterprises.
2000SEAF  Central Asia Small Enterprise Fund
20.0
2.5
SEAF Central Asia Enterprise Fund LLC will provide equity, quasi-equity, debt financing, and technical and managerial
2001SEF Hamkorbank
2.0
1.0
Will provide long-term subloans to small and medium enterprises to help develop nascent Uzbek private sector.
2001SEF Parvina
2.5
1.0
Commercial bank in Samarkand will provide long-term financing for fledgling small business community in Samarkand and Andijan regions.
2000SEF Asia Granite
5.9
1.7
Will establish granite processing plant in existing building in Tashkent.
2000NBU-SME
15.0
15.0
Provide term finance to SMEs to support their growth and development.
1999SEF Elma Cheese
1.5
0.6
Uzbek/Dutch joint venture (JV) to set up a cheese processing plant.
1998UzCase Agrolease
17.5
6.0
Interrelated JV projects with U.S.-based Case Corporation for founding agriculture equipment leasing company, service stations for agriculture machinery, and localization of production of certain agriculture machinery.
1998UzCase Service
14.5
3.8
1998UzCase Mash
28.4
9.4
1997SEF Fayz
4.8
2.4
Support to the local largest furniture manufacturing enterprise.
1997Core Pharm
12.0
3.9
Uzbek-Indian JV plant for production of intravenous fluids and generic pharmaceuticals.
1996ABN-Amro Uzbekistan
24.0
0.6
Establishment of the first JV international commercial bank in Uzbekistan.

* Project cost and IFC financing refer to amounts approved by the IFC's Board.