In accordance with the terms of the agreement, IFAD will allocate long-term concessional loans in the amount of $46.2 million, as well as grant funds in the amount of $800 thousand.
The project is being implemented in Andijan, Namangan and Fergana regions.
The project provides for the creation of modern greenhouses, intensive gardens, introduction of environmentally friendly and water-saving technologies, increasing the level of mechanization of production and processing capacities, expansion of storage facilities in Fergana valley.