Saturday, August 1, 2026
24*7 News World
  • Home
  • World

    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

    Blackstone Energy Transition Partners Announces Agreement to Acquire DarkVision from Koch Engineered Solutions.

  • National
    • All
    • Economy & Politics
    • Election

    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

  • Business

    IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

    Shell agrees to sell BG Cyprus Limited.

  • Health

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

  • Technology
    • All
    • Environment
    • Science

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    CREDIT-SONY

    Sony Creator Essentials Worth Considering This Summer.

    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

  • Auto

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    PHOTO CREDIT-AUDI AG

    Audi Group maintains stable operating profit in the first half of 2026 despite challenging markets.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

  • Sports

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    Borrowed Cue to National Heyball Silver: The Remarkable Story of 13 Year Old Md Mustafa

    Srishti, Padmapriya in semifinals of Tennis Europe Super Category.

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    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

  • Lifestyle
    • All
    • Food
    • Travel

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

No Result
View All Result
24*7 News World
  • Home
  • World

    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

    Blackstone Energy Transition Partners Announces Agreement to Acquire DarkVision from Koch Engineered Solutions.

  • National
    • All
    • Economy & Politics
    • Election

    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

  • Business

    IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

    Shell agrees to sell BG Cyprus Limited.

  • Health

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

  • Technology
    • All
    • Environment
    • Science

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    CREDIT-SONY

    Sony Creator Essentials Worth Considering This Summer.

    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

  • Auto

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    PHOTO CREDIT-AUDI AG

    Audi Group maintains stable operating profit in the first half of 2026 despite challenging markets.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

  • Sports

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    Borrowed Cue to National Heyball Silver: The Remarkable Story of 13 Year Old Md Mustafa

    Srishti, Padmapriya in semifinals of Tennis Europe Super Category.

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    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

  • Lifestyle
    • All
    • Food
    • Travel

    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

No Result
View All Result
24*7 News World
No Result
View All Result
Home Business

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.

ADVERTISEMENT

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

Related Posts

Business

IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

by FWM
July 31, 2026
Business

Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

by FWM
July 31, 2026
Business

Shell agrees to sell BG Cyprus Limited.

by FWM
July 31, 2026
Business

ING posts 2Q2026 net result of €1,947 million, reflecting accelerated growth in customer base and customer balances.

by FWM
July 31, 2026
Business

Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

by FWM
July 31, 2026

Stay Connected

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    August 1, 2026

    India as a Tourism Hub .

    July 31, 2026

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    July 31, 2026

    Recent News

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    August 1, 2026

    India as a Tourism Hub .

    July 31, 2026

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    July 31, 2026
    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    July 31, 2026
    ADVERTISEMENT

    © 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

    error: Content is protected !!
    No Result
    View All Result
    • Home
    • World
    • National
    • Business
    • Economy & Politics
    • Election
    • Health
    • Technology
    • Auto
    • Sports
    • Entertainment
    • Lifestyle

    © 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

    Go to mobile version