Japan to lead $1.45bn loan for Uzbekistan renewables

Tokyo eyes more influence in region where China, Russia hold sway

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Uzbekistan's capital Tashkent. Foreign investment is driving the country's economic growth. (Photo by Akira Takemura)

SHIKO UEDA

TOKYO -- The Japan Bank for International Cooperation (JBIC) will arrange a roughly $1.45 billion cofinancing package for renewable energy in Uzbekistan, as Tokyo looks to boost its presence in Central Asia, Nikkei has learned.

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