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China-backed AIIB approves $100 million loan to Uzbekistan to fight COVID-19

FILE PHOTO: The sign of Asian Infrastructure Investment Bank (AIIB) is pictured at its headquarters in Beijing, China July 27, 2020. REUTERS/Tingshu Wang

BEIJING (Reuters) - Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Tuesday it would lend $100 million to Uzbekistan to help the country deal with the COVID-19 pandemic and future public health disasters.

The project will be co-financed by the Asian Development Bank and aims to increase capacity for testing, surveillance and treatment of COVID-19 and other outbreaks, according to a statement by the AIIB.

The loan is part of AIIB’s $13 billion funding facility to help public and private sectors fight the pandemic.

(Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser.)

Reporting by Gabriel Crossley; Editing by Muralikumar Anantharaman

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