RIA Novosti reported quoting source at the Ministry of Economy of Uzbekistan said that the targeted programme for 2015 with attraction of the resources of the FRDU was approved by the President of Uzbekistan. The programme includes 34 investment projects.

The list includes projects in energy, oil and gas, chemical, metallurgy sectors and transport infrastructure with total cost of US$19.03 billion.

Largest volume of loans of the Fund in 2015 will be used in fuel and energy sector (US$571.3 million), chemical industry (US$169.8 million), and transport (US$60.6 million).

Fund for Reconstruction and Development of Uzbekistan was created in May 2006 in line with the presidential resolution “On measures on organization activity of the Fund for Reconstruction and Development of Uzbekistan”. The fund was founded for financing and co-financing important investment projects, included into the state investment programme. The charter capital of the FRDU makes up US$15 billion.