Uzbekistan 2013 road construction and repair works to cost around US$464.5mn
Around US$464.5 million is due to be spent building or upgrading more than 520km of roads in Uzbekistan during 2013, according to national road construction company Uzavtoyul. The extra-budgetary regional road fund will pay for the works.
January 3, 2013
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Around US$464.5 million is due to be spent building or upgrading more than 520km of roads in Uzbekistan during 2013, according to national road construction company Uzavtoyul. The extra-budgetary regional road fund will pay for the works.
The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
Over US$ 700 million (MAD 6bn) has been released for the construction of a 172km motorway between Berrechid-Beni and Mellal in Morocco. The new highway will feature two toll booths and three rest areas. Although delays are expected, the project is due for completion in 2014. The first stretch in the Tadla-Azilal area is due for completion in June 2013. This motorway is said to form a key part of the 2008-2015 Morocco roadmap. It is funded by a loan from the Chinese government, by the European Investment Fun
