The governing body of TAIBA Leasing took part in the Conference “IDB Group Day”, organized by the parent company.

The President of the Islamic Development Bank Group, Bandar Hajar, is in Uzbekistan on an official visit from 17 to 20 September. On Tuesday, the International Hotel Tashkent hosted a conference “IDB Group Day” with the participation of ministries and departments of Uzbekistan, representatives of the private sector, diplomatic corps and international financial institutions of the republic.

“The Islamic Development Bank (IDB) and the government of Uzbekistan on Tuesday signed a partnership strategy for 2018-2021, which provides for the provision of funds for $ 1.3 billion,” is said in the statement.

The corresponding document was signed in Tashkent on Tuesday by Deputy Prime Minister, Chairman of the State Investment Committee of Uzbekistan Sukhrob Kholmuradov and IDB President Bandar Hajar.

This way, the bank intends to support the republic in the development of projects in the field of economics and innovation. At the same time, $ 475 million will be allocated for energy, transport and urban development, $ 300 million – for the construction of housing and infrastructure in rural areas, another 300 million – to support trade finance, 140 million – for social development and 85 million – for private business projects.