Skip to main content

Uzbekistan's road revamp continues

Uzbekistan's highway network is benefiting from considerable investment at present.
February 29, 2012 Read time: 1 min
Uzbekistan's highway network is benefiting from considerable investment at present. The latest boost comes from a loan worth US$167.s million being provided by the 2417 Islamic Development Bank (IDB). This is being targeted specifically at upgrading and improving the national highway M-39 in Uzbekistan's Surkhandarya province. The IDB loan is granted for a 20 year term, including a four-year grace period.

For more information on companies in this article

Related Content

  • Sichuan and Hainan Province in China will see major road network developments
    March 23, 2012
    In China’s Sichuan Province the city of Mianyang intends to invest over US$1 billion in its transportation network during 2012. The investment will be split between rural road construction, national-provincial trunk highway construction and highway construction. The plans also call for 800km of rural roads and 200km roads between townships and counties. Meanwhile some $2.23 billion will be invested by China's Hainan authority for tourist road development by 2015. The authority expects tourist roads in the p
  • Major highway expansion programme continues in India
    November 16, 2012
    India’s massive highway expansion programme is continuing, boosting the country’s construction industry. The National Highway Authority of India (NHAI) awarded contracts for some 4,375km of roads in the first nine months of 2012, with the work worth an estimated total of some US$70 billion. With this strong construction sector, prospects are also good for the upcoming bC India construction equipment exhibition in February 2013 in Mumbai. This news is a welcome change following a slowing of new Indian road p
  • New road infrastructure for Tajikistan and Kazakhstan
    October 8, 2013
    Tajikistan and Kazakhstan are both investing in transport infrastructure, with an array of new projects planned. In Tajikistan the Ministry of Finance is budgeting a healthy US$1.6 billion for transportation projects in the period from 2013-2014. These include construction and reconstruction of roads, highway and railway bridges, and tunnels. Further details will be available in due course as to the roads and highways being built. Meanwhile a loan from the Asian Development Bank to Kazakhstan will help
  • Canada: National Bank and Axium refinance Sea-to-Sky Highway
    July 19, 2016
    National Bank Financial and Axium Infrastructure have refinanced the Sea-to-Sky Highway Improvement Project in the Canadian province of British Columbia. A statement from Axium said that the US$427 million 25-year public-private-partnership had “strong investor support and an A2 rating from Moody’s”. The Sea-to-Sky Highway Investment Limited Partnership - Axium Infrastructure, Régime de Rentes du Mouvement Desjardins and Nova Scotia Pension Agency - is the consortium in charge of the concession. In