(MENAFN- Trend News Agency)
BAKU, Azerbaijan, April 9. The World bank (WB)
plans to implement the second rural enterprise development project
in Uzbekistan, Communication Officer of the WB Representation in
Uzbekistan Matluba Mukhamedova told Trend .
'The project development objective is to support the expansion
of rural enterprise activity, investments, and job creation in
regions supported by the project,' she said.
According to Mukhamedova, the project will be implemented in 10
regions of the country including Tashkent, Syrdarya, Jizzak,
Samarkand, Kashkadarya, Surkhandarya, Navoiy, Bukhara, Khorezm, and
Karakalpakistan.
The communication officer noted that the project consists of
three main components.
According to her, the first component will facilitate the
establishment and growth of farms, agribusinesses, and rural
enterprises in the targeted rural areas through the provision of
technical support and business facilitation activities.
As part of this, the component will disseminate the information
on the climate change adaptation and mitigation measures, organize
awareness raising workshops, strengthen the project beneficiaries'
knowledge of climate-smart agricultural practices, promote
partnerships to address climate change consequences, and
demonstrate climate-smart technologies for small- and medium-sized
agribusinesses and for farm enterprises in the project regions.
'The second component will address key constraints to accessing
finance faced by farmers, agribusinesses, and other beneficiaries
engaged in agriculture and rural economic activities. The component
will support the expansion of two financing instruments: a credit
line and a partial credit guarantee mechanism', Mukhamedova
said.
The communication officer reported that the last component will
support the implementation, management, monitoring and evaluation
of the project.
---
Follow the author on Twitter: @NatavanRzayeva5
Tags:
MENAFN09042022000187011040ID1103983769
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.