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

  • Sri Lanka plans elevated links
    March 21, 2012
    The Sri Lankan Government is setting out plans to build three elevated highways to reduce traffic congestion in capital Colombo. The highways will be built in the Metropolitan Area and will provide access to the new Southern Expressway, the Outer Circular Highway and the Colombo -Katunayake Expressway under construction.
    Read More
  • Brazilian project attracts strong interest
    April 30, 2012
    Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
    Read More
  • Chinese infrastructure investment
    April 25, 2012
    China's Ji'an city is investing an impressive US$11.88 billion in developing transportation during the 12th Five-Year Plan, while the Asian Development Bank (ADB) is offering a loan worth US$200 million to China's Guangxi Zhuang Autonomous Region.
    Read More
  • US$9bn needed for Greater Mekong Subregion roads and other development
    January 23, 2013
    A further US$ 9 billion is required to complete the development of the Greater Mekong Subregion (GMS), according to the National Economic and Social Development Board of Thailand. The new investment will cover development of roads, special economic zones, border towns, ports and facilities at important checkpoints in the GMS’s six states of Cambodia, Laos, Myanmar, Thailand, Vietnam, and the Yunnan Province of China. The North-South Economic Corridor's transport network will, it’s reported, be confirmed onc
    Read More

Highlighted Content