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Home Breaking News

IFC greenlights loan for packaging project in Uzbekistan

February 2, 2026
in Breaking News
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IFC greenlights loan for packaging project in Uzbekistan
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TASHKENT, Uzbekistan, February 2. The
Worldwide Finance Company (IFC) is extending a monetary
dedication of as much as $18 million to East Can Options in Uzbekistan
to facilitate the institution of the nation’s inaugural
greenfield aluminum can manufacturing facility, Development stories.

In accordance with the Worldwide Finance Company (IFC), the
plant, set to be positioned in Tashkent, is anticipated to supply
beverage producers with totally recyclable aluminum packaging. This
initiative goals to bolster home provide, meet the rising market
demand, and mitigate reliance on imported items.

IFC highlighted that the financing is anticipated to generate over
200 direct employment alternatives and yield vital
environmental advantages. The ability’s annual manufacturing capability
is projected to succeed in as much as 1.1 billion aluminum cans. Furthermore,
the implementation of energy-efficient applied sciences is forecasted
to scale back each vitality consumption and emissions, aligning with
Uzbekistan’s local weather targets.

Past offering monetary assist, IFC will collaborate carefully
with East Can Options to make sure its environmental and social
practices adhere to IFC’s Efficiency Requirements and world finest
practices. This partnership will even help the corporate in
pursuing EDGE inexperienced constructing certification.

IFC is a member of the World Financial institution Group targeted on personal
sector improvement in rising markets. In fiscal 12 months 2025, IFC
dedicated $71.7 billion to non-public firms and monetary
establishments in creating nations.



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Tags: analyticsAzerbaijan's newsBreaking Newsbusiness newsCaspian newsCentral Asiacompany newseconomyfinancial newsGeorgia's newsGreenlightsIFCIran's newsKazakhstan's newsloanoil and gas newsPackagingPoliticsprojectthe Caspian Seathe CIS newsTurkey's newsTurkmenistan's newsUzbekistanUzbekistan's newsWorld News
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