ADB to loan Uzbekistan government US$ 220mn for highway reconstruction

The Asian Development Bank (ADB) is to loan the Uzbekistan government US$220 million for highway reconstruction projects. The Uzbekistan authorities will use the funds, which will cover 25 years and come with a five-year grace period, to reconstruct sections of the 75km Tashkent – Osh highway. The two-lane asphalt coating will be replaced with a four-lane cement concrete coating.
December 20, 2012 Read time: 1 min
The 943 Asian Development Bank (ADB) is to loan the Uzbekistan government US$220 million for highway reconstruction projects.

The Uzbekistan authorities will use the funds, which will cover 25 years and come with a five-year grace period, to reconstruct sections of the 75km Tashkent – Osh highway. The two-lane asphalt coating will be replaced with a four-lane cement concrete coating.

For more information on companies in this article

Related Content

  • Contract awarded for key Vietnamese expressway
    July 17, 2014
    A consortium comprising local contractor Civil Engineering Construction Corporation (Cienco 4) and Japanese company Sumitomo Mitsui will carry out construction work on Vietnam’s new Ben Luc-Long Thanh expressway. This is the first package for the first phase of works on the expressway, with this tranche expected to cost in the region of US$1.6 billion. Vietnam’s Government is providing $337 million of the funding required. Some $635 million is coming in the shape of a loan from the Japan International Co-op
    Read More
  • Armenia’s new road link to Iran and Georgia
    November 11, 2013
    A new road link for Armenia will help improve the country’s connections to its neighbours and provide a through-route for transport. Around US$967 million will be required to build the North-South motor road, with the work set to commence in 2014. The Armenian Government will contribute $100 million while funding will also be provided by the Asian Development Bank (ADB) and the European Investment Bank (EIB). Once the road is complete it will run through Armenia from the country’s borders with Iran and Geor
    Read More
  • US$201.5 million loan for Ivory Coast road
    October 7, 2024
    A US$201.5 million loan will help pay for an Ivory Coast road project
    Read More
  • Serbia reduces cost of highway construction
    March 22, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget.
    Read More

Highlighted Content