BAKU, Azerbaijan, November 5. The Eurasian Development Bank (EDB) will finance the investment program of Uzbekistan’s Navoi Mining and Metallurgical Combine JSC (NMMC),Trend reports via Uzbek media outlets.
The goal of NMMC's investment program is to increase production capacity and production efficiency, develop promising deposits and improve environmental friendliness and production safety.
"Uzbekistan is an attractive market for international investors. Our strategy involves the possibility of investing in projects of countries that are not members of the EDB. We have accumulated extensive experience in financing such projects, taking into account the objectives of achieving the Sustainable Development Goals. Therefore, we are pleased today to announce our intention to provide contributing to the further development of the Navoi Mining and Metallurgical Combine," Deputy Chairman of the EDB Board Ruslan Dalenov said.