The European Bank for Reconstruction and Development (EBRD) is helping upgrade retail standards in Uzbekistan and promote sustainable logistics by financing the expansion of Green Line Trading (GLT), a major distributor of packaged foods and beverages in the country. GLT will receive up to €15 million in financing arranged by the EBRD. This includes an EBRD loan of up to €9 million to support the company’s working capital requirements and an additional loan of up to €6 million to fund the construction of a new Class B warehouse.
The expanded warehouse will cover 16,128 square metres and will effectively double GLT’s distribution capacity. The project will also receive up to €259,000 in blended concessional funding through the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) programme. FINTECC provides financial incentives to encourage companies to adopt technologies that reduce emissions and support climate resilience.
Using the FINTECC funds, GLT plans to install a 400 kW solar power system, add charging stations for its electric vehicle fleet, and improve the warehouse’s thermal efficiency. These upgrades are expected to cut the company’s annual CO₂ emissions by about 467 tonnes while generating significant energy savings.
As part of the wider project, GLT also aims to expand its retail presence to 30,000 outlets across Uzbekistan, strengthen its distribution network, and further diversify its product portfolio. The initiative is backed by the Japan-European Cooperation Fund. To date, the EBRD has invested nearly US$ 6.9 billion (€5.8 billion) in Uzbekistan across 205 projects, with a major share of funding directed toward private-sector growth. Uzbekistan has been the largest recipient of EBRD investments in Central Asia for the past six consecutive years.
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