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    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

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    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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    Equinor signs 5-year agreement for supplies to Germany.

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    NextEra Energy and Dominion Energy to Combine, Creating the World’s Largest Regulated Electric Utility Business and North America’s Premier Energy Infrastructure Platform Benefiting Customers.

  • National
    • All
    • Economy & Politics
    • Election

    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

    Nationwide bandh called: Food Safety and Drug Administration issues precautionary measures to public and guidelines to departments.

    Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy at Dashela, Giving new momentum to the vision of “Sahkar Se Samriddhi”.

    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    PHOTO CREDIT-ADANI Group

    Gautam Adani Launches ₹150 Crore Rural Vision Care Initiative in Bihar with Capacity for 3.3 Lakh Surgeries Annually, Commits An Additional ₹500 Crore for Nationwide Expansion .

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

  • Business

    Equinor signs 5-year agreement for supplies to Germany.

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

  • Health

    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    DKMS Foundation India Launches Free HLA Typing for Children with Thalassaemia.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

  • Technology
    • All
    • Environment
    • Science

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

    logo

    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    India’s AI Boom Faces Reality Check as ROI and Governance Lag: ISACA Report.

    CAQM conducts inspection drive in Noida, directs Intensified Mitigation and Strict Enforcement

  • Auto

    Stellantis Announces Groundbreaking, Small and Affordable E-Car Project .

    Renault Niagara: the name of the new robust versatile pick-up designed for Latin America

    Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) Consolidated Q4 FY26 Results.

    Tata Motors Passenger Vehicles introduces AMT in the Altroz iCNG.

  • Sports

    TATA IPL 2026 Playoffs tickets to go live from May 20.

    Tributes, tradition mark the inauguration of SM Krishna Memorial Open

    Teen sensation Kriish Tyagi enters the SM Krishan Stadium for practice with a renewed confidence.-PHOTO CREDIT-Deepthi Indukuri / KSLTA.

    8 Indians in main draw as SM Krishna Memorial Open begins new Challenger era.

    Bombay Shirt Company

    Bombay Shirt Company and JioStar Unite to Bring a Fresh Take to ‘On-Air Styling’ for India’s Biggest Summer Cricket Broadcast.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel
    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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ADB Loan to Establish ‘One-Stop Shops’ for Horticulture Product Processing, Storage, and Distribution in Uzbekistan

FWM by FWM
November 16, 2018
in Business
0

TASHKENT, UZBEKISTAN (16 November 2018) — The Asian Development Bank (ADB) has approved a $197 million loan to expand its support to Uzbekistan’s horticulture sector by establishing agro-logistic centers (ALCs) in the regions of Andijan and Samarkand to improve processing, storage, quality assurance, shipping, and distribution of horticultural products.

“The ALCs will provide all necessary post-harvest facilities and services in one place. They will help improve the value chain from farm to market through increased efficiency gains for all participants and increase price transmission to small-scale producers and small and medium-sized agribusinesses,” said ADB Senior Natural Resources and Agriculture Economist for Central and West Asia Mr. Bui Minh Giap. “The project will increase domestic sales and exports while reducing post-harvest losses and handling costs.”

Horticulture remains a promising sector in Uzbekistan’s agriculture. Its contribution to export growth in 2017 was almost twice that of cotton, and it continues to provide higher financial returns to farmers. The sector, however, is still underdeveloped due to a lack of access to modern production and post-harvest technology and financing.

The Horticulture Value Chain Infrastructure Project will finance the establishment of two ALCs. In Andijan, the ALC will comprise about 25,000 square meters of trading area, about 60,000 cubic meters of cold storage, and 12 processing lines with an approximate annual throughput of 600,000 tons for export and 80,000 tons for the domestic market. In Samarkand, the ALC will comprise 35,600 square meters, 60,000 cubic meters of cold storage, and 17 processing lines with an approximate annual throughput of 850,000 tons for export and 150,000 tons for the domestic market. Both ALCs will have an annual cold storage capacity of up to 3 million tons. Each ALC will be a one-stop-shop for buyers and sellers, serving both domestic and export markets. Apart from modern storage and trading facilities, they will also include on-site support such as quality and safety certification, online market information systems, banking, and customs services.

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The project will, likewise, improve the institutional and operational capacities of relevant government agencies in the horticulture value chain, particularly the Ministry of Foreign Trade (MFT). MFT will establish an ALC management company to manage and operate the ALCs on the user-pays principle. Best practices will be documented and shared in other horticulture areas in Uzbekistan.

The total cost of the project, which is expected to be completed by the end of 2023, is $244.75 million, with the Government of Uzbekistan contributing $47.75 million through exemptions of taxes and duties.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 67 members—48 from the region. In 2017, ADB operations totaled $32.2 billion, including $11.9 billion in cofinancing.

Tags: Asian Development Bank (ADB)
FWM

FWM

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