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

  • New highway links planned for Vietnam
    November 9, 2017
    Several major highway projects are being planned for Vietnam. The largest is for the construction of the North-South Expressway, which will improve transport connections for the country. Financing is being secured for the North-South Expressway, with some US$5.23 billion being secured. The Vietnamese Government will pay up to 39% of the cost of the work, with loans and private sector funding paying for the remaining 61%. Meanwhile a South Korean contractor will carry out a series of road projects in Can
  • The UK's massive road repair budget
    November 17, 2023
    The UK has announced a massive road repair budget.
  • Finance breakthrough to restart construction of key Honduras road corridor
    February 17, 2014
    The resolving of financing issues means that works to complete the corridor from the Comayagua valley to Goascoran, in Honduras, will resume soon. It is understood that both the Central American Bank for Economic Integration (CABEI) and Brazil's development bank Bandes have granted a loan of US$145 million. The new corridor will link the south with the north of Honduras and will be interconnected with existing road infrastructure, such the section between Tegucigalpa and Flores, in Comayagua. In total, som
  • Building Egypt's world class Desert Highway
    May 3, 2012
    A huge highway upgrade project will transform the Cairo-Alexandria road link into a world-class connection as Mike Woof reports. The work to upgrade the Desert Highway connecting Egypt's sprawling capital Cairo with its major port Alexandria, is one of the country's largest infrastructure projects for many years. This 220km highway link is being widened and improved to cope with the hugely increased traffic volumes resulting partly from Egypt's fast growing vehicle population. The Egyptian economy is strong