Organized by the Mortgage Refinancing Company of Uzbekistan (UzMRC) in cooperation with the Ministry of Economy and Finance, the Central Bank, and the Asian Development Bank (ADB), the forum is focused on discussing the development of the housing market, “green” mortgage loans, and innovative financing solutions.
At the panel session titled “Housing and Housing Finance in Uzbekistan: Opportunities and Challenges”, Abrorkhuja Turdaliyev, Deputy Chairman of the Central Bank, delivered a speech:
"In recent years, providing housing for the population through mortgages has become one of the key directions of the country’s socio-economic reforms.
It was emphasized that by 2040, the mortgage loan portfolio is expected to increase more than tenfold, reaching USD 56.7 billion.
The main goal now is to strengthen private sector participation in the mortgage market and to create an inclusive, accessible mortgage system for all."
This cooperation will contribute to strengthening the long-term mortgage market in the country and establishing a convenient and sustainable housing system.