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

  • Planned Papua New Guinea highway project
    July 24, 2020
    The cost of a planned Papua New Guinea highway project has been revealed.
    Read More
  • New Honduras highway corridor
    September 24, 2014
    Construction is commencing on a new logistics corridor crossing Honduras that will connect the country’s Atlantic and Pacific coasts. Some US$271 million is being spent on the project so far. The highway will feature two lanes in either direction for all of its 391km length. The country aims to boost its economic presence in Central America through this project, which will also help stabilise its economy. The work will cut congestion in key urban areas along the route, as well as improving connections to th
    Read More
  • ADB loan India US$275mn to boost rural connectivity
    February 13, 2014
    The Indian government has signed a pact with Asian Development Bank (ADB) for loans worth US$ 275 million, as part of its nationwide Rural Connectivity Investment Programme. The loan is the second tranche of the $800 million financing facility set aside for the project, and will be used to finance works of constructing 3,693km of rural roads in five Indian states such as West Bengal, Odisha, Madhya Pradesh, Chhattisgarh, and Assam. Further funds of $81.56 million will be financed by the government, taking t
    Read More
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
    Read More

Highlighted Content