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

  • US$12.85 billion for new Chinese highways
    September 17, 2024
    New Chinese highways worth US$12.85 billion are being planned.
    Read More
  • Rainforest road repair and rehabilitation with stabilisation
    May 23, 2014
    A limited amount of aggregate and resources, including fuel, in the Riau province of Indonesia can challenge roadbuilders, but Indonesian contractor PT Harap Panjang overcame the obstacles on a recent project. The province rests in a tropical rainforest. The 2600mm of annual rainfall take a toll on the area’s roads, particularly those developed by oil company Chevron Pacific Indonesia. The remote roads were built to service Chevron operations, crucial to the economies of the city, region and country. The r
    Read More
  • Nicaragua highway funding deal secured
    March 14, 2017
    Repairs and improvement works will now go ahead on Nicaragua’s Pista Juan Pablo II highway in capital Managua. The project is expected to cost close to US$256 million to carry out. A portion of the funding required will come in the shape of a loan worth $105.5 million from the Central American Bank for Economic Integration (CABEI). Nicaragua’s Ministry of Treasury and Public Credit is aiming to receive the remainder of the funding necessary for the work through a loan from the European Investment Bank (EIB)
    Read More
  • Ethiopia road project secures funding
    August 9, 2019
    A road project in Ethiopia is benefiting from a financing package worth US$98 million being provided by the African Development Bank (AfDB).
    Read More

Highlighted Content