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OPEC Fund for International Development to allocate soft loan for a water project in Namangan
The Embassy of Uzbekistan in Austria was informed that the Board of Governors of the OPEC Fund for International Development (OFID) approved a project on providing drinking water to 22 settlements in Yangikurgan district and partially in Namangan city worth 54 million USD.
The project is designed for 2020-2025. As a result, more than 200 thousand rural residents of Namangan region will be provided with clean drinking water.
The OFID loan will be issued for 20 years with a five-year grace period.