Skip to main content

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

  • Paraguayan plans
    April 7, 2014
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
  • Investing in Albania's roads
    March 22, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
  • Loans for Georgian roads
    July 20, 2012
    Loans from the European Investment Bank (EIB) and the EU will finance highway work in Georgia. The funds will be used to pay for the construction of the high-speed motor road running from West – East across Georgia. The EIB will give a long-term preferential credit worth €170 million, while the EU will provide a €20 million grant. As part of the project, a four lane highway measuring 52km will be built from Samtrediya – Grigoleti, while the 16km section Grigoleti - Kobuleti stretch will be repaired.