ADB to provide US$100mn for Tajikistan highway reconstruction

The Asian Development Bank (ADB) has agreed to grant Tajikistan US$100 million towards reconstruction of the highway Penjikent - Aini – the Uzbekistan border. The total project is valued at $136 million. Tajikistan's government will provide US$22 million. In addition, OPEC will give a 20-year $14 million loan with a 2.5% interest rate.
April 10, 2013 Read time: 1 min
The 943 Asian Development Bank (ADB) has agreed to grant Tajikistan US$100 million towards reconstruction of the highway Penjikent - Aini – the Uzbekistan border. The total project is valued at $136 million. Tajikistan's government will provide US$22 million. In addition, OPEC will give a 20-year $14 million loan with a 2.5% interest rate.

For more information on companies in this article

Related Content

  • New road projects planned for Odisha, India
    February 10, 2014
    The Asian Development Bank (ADB) intends to supply financial assistance worth US$154.8 million for 484 new road projects in the state of Odisha, India. The routes will extend for a total of 1,790.4km, targeting 14 districts affected by tropical cyclone Phailin in late 2013 and which suffered flooding. The state had previously requested funding from the central government to improve 3,076,62km of roads.
    Read More
  • Vietnam's new highway - coming soon
    May 30, 2012
    Construction work will commence shortly on a new 220km transnational highway in Vietnam. The first phase of the project is expected to cost US$390 million and in all the road will cost in the region of $500 million. Some $134 million for the project is being supplied in loan form from South Korea, with a $25 million loan from Australia and a $75 million loan from the Asian Development Bank.
    Read More
  • Vietnam plans highway building
    February 24, 2012
    Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project.
    Read More
  • Pakistan’s road development plan
    November 1, 2021
    Pakistan has set out plans for road development.
    Read More

Highlighted Content