In 2009, the government of Uzbekistan launched the Rural Housing Scheme (RHS), involving the construction of new houses for the rural population throughout the country. The RHS was designed to reduce the disparities between urban and rural populations by channeling rural savings into housing investments to improve living standards and utilizing local contractors and construction materials to g
At project preparation in 2012, women and rural small businesses in Uzbekistan had limited access to credit, restricting their growth and capacity to become more efficient and profitable, and thus contribute more fully to overall economic growth and development. While this was largely due to small businesses’ inability to meet high collateral requirements, weak institutional capacity especiall
Uzbekistan is a landlocked country providing a key transit point for Central Asian countries looking to trade among themselves as well as the rest of Asia and Europe. As with other landlocked developing countries, it has faced several challenges in connectivity, logistics, and access to sustainable modes of transport.
In 2009, Uzbekistan’s government launched the Rural Housing Scheme (RHS) to jumpstart the development of the rural housing finance market. The RHS channeled rural savings into housing investments and utilized local contractors and construction materials to generate jobs and stimulate the construction industry.