Afghanistan's route of hope

Funding worth US$340 million is being provided by the Asian Development Bank (ADB) to help finance construction of a new highway link in Afghanistan.
February 23, 2012 Read time: 1 min
Funding worth US$340 million is being provided by the 943 Asian Development Bank (ADB) to help finance construction of a new highway link in Afghanistan. The 233km highway is located in the country's North Western region and will complete a road connection measuring some 2,300km in total. The road improves the country's communications internally and with its neighbours, making it of vital importance to its economy and this is seen as a key stabilising factor. The road will connect Laman, Bala Murghab and Qaisar when it is complete. Afghanistan has so far received $450 million from the ADB for work on this road, while the country has received $1.07 in all for transport infrastructure improvements.

For more information on companies in this article

Related Content

  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports
    Read More
  • Sri Lanka's new highway - on track
    February 14, 2012
    Work is progressing on-track on Sri Lanka's Southern Expressway project. This will be the country's first expressway and is expected to be completed by 2012, removing the bulk of traffic from the existing coastal road that is highly congested and also has serious safety issues.
    Read More
  • Building a major Turkish highway project
    August 15, 2018
    The North Marmara Motorway Project in Turkey has been a major focus for project financing, as well as for novel technical solutions for its construction. This mega infrastructure project is intended to boost transport connectivity between the European and Asian sides of Turkey International law firm Winston & Strawn LLP has advised on major project financing for two sections of the highway. The structure for implementation of the Project is based on the build-operate-transfer (BOT) concession model. The
    Read More
  • Upgrade due for Nicaragua’s NIC 3 highway
    September 11, 2013
    Nicaragua’s Ministry of Transportation and Infrastructure has awarded the first of a series of contracts to upgrade the NIC 3 highway. The construction work will be carried out by a consortium comprising contractors Constructora Meco, CEMEX and Llansa Ingenieros. This first phase will be for a 34.4km section of the route while the second stretch will be 15.6km long. In all the work is expected to take 18 months to complete and is likely to cost around US$40 million. Financing is being provided by the Fund o
    Read More

Highlighted Content