Skip to main content

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

  • Vietnam’s highway network is expanding
    August 1, 2018
    Vietnam is expanding its road and highway network with a series of major projects, as well as numerous upgrades to rural roads. A funding deal worth US$1.6 billion is being provided by the Asian Development Bank (ADB) for the Ben Luc yo Long Thanh National Highway. This route connects Dong Nai, Ho Chi Minh City and Long An. A portion of the necessary funding for ground clearance for the route is being provided by Vietnam’s State Budget. However the country is stopping work on the National Highway 3 project
  • Uzbekistan transport boost with loan
    June 25, 2020
    A new loan will help boost Uzbekistan’s transport connectivity.
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Loan for Nepal highway project
    December 6, 2016
    A new highway project in Nepal will benefit from a loan provided by the Asian Development Bank (ADB). The loan is worth nearly US$187 million. It will be used to help upgrade the country’s East-West Highway. In addition, the loan will will also be used to improve other key sections of Nepal’s road network. Key stretches of the 45km Bhairahawa-Taulihawa road as well as the 115km Narayanghat-Butwal road will be upgraded. Separate funding from the ADB will pay for technical assistance to Nepal’s Department of