Plans have been revealed for a new ring road project in Turkmenistan.
February 27, 2012
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Plans have been revealed for a new ring road project in Turkmenistan. The project looks likely to cost over US$223 million. The deal to build the road has been awarded to contractor Vozrozhdenie.
A finance package has been secured to help pay for the building of Turkmenistan’s Ashgabat-Turkmenabat highway project. Worth US$2.4 billion, the financing comes in the shape of a loan and is being provided by the Central Bank of Turkmenistan. The finance package is being provided to the Union of Industrialists and Entrepreneurs of Turkmenistan under a 20-year loan deal that includes a grace period of five years. The new Ashgabat-Turkmenabat highway project will help to improve transport efficiency in
Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports
The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion.
The new road will measure some 85km long and will feat
Turkmenistan has started construction of the 544km Ashgabat-Turkmenbashi highway under a public-private partnership contract.
The deal is expected to cost between US$800-900 million for every 2km or so of road construction from Ashgabat in central Turkmenistan to Turkmenbashi, a city of around 90,000 on the eastern coast of the Caspian Sea.
For a YouTube video graphic representation of the highway, click here. To see World Highways report onTurkmenistan’s highways projects in 2011, click here.
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