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

  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • US$1.14 billion funding package for Philippines bridge project
    June 5, 2024
    A US$1.14 billion funding package has been secured for a key Philippines bridge project.
    Read More
  • Kenya/Tanzania’s US$ 262.2mn transborder road
    April 23, 2013
    More than US$260 million will be spent on creating a 157.5km-long link road between Kenya and Tanzania. Of the total with $262.2 million project cost, the African Development Bank (AfDB) has offered a loan of $232.5 million, while the Africa Trade Fund will provide a trade grant of $740,000. The governments of Kenya and Tanzania have pledged $12.3 million and $15.6 million respectively. The project consists of a stretch between Voi and Taveta, Kenya as well as another between Holili and Arusha, Tanzania, an
    Read More

Highlighted Content