World Bank Document

 

9. 

To improve the efficiency of agriculture, the government recognize the need to attract private 

investment to introduce innovation, increased value-added and generate quality employment. Private 

agribusiness enterprises have the potential to lower costs and expand production of agricultural raw 

products into higher value-added activities that involve more skilled and technology-intensive 

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production. Private investments in agro-production, agro-processing industry and supply chain 

development are essential to stimulate a private sector-led agricultural transformation by introducing 

market-led innovations in production. Introducing private investment will be the main driver of 

agricultural modernization in Uzbekistan, especially the cotton sub-sector. IFC financing to private 

investors in textiles will be an important driver and incentive to pilot market-based innovations in 

service provision and input delivery, in cotton processing and marketing, and in using best 

international social and environmental practice for sustainable cotton production, while attracting 

more private investors. 

 

 

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