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

  • Yotta’s Horizons and Mayrise create a route map of the world
    September 14, 2016
    Simon Topp, director of international business at software developer Yotta, explained the need for having the best possible plan in place. Highways agencies and departments the world over face a raft of complex and difficult challenges when it comes to managing and maintaining their infrastructure assets. In some countries, where natural disasters or extreme weather events are endemic, good asset management will need to be supplemented by risk and resilience planning. In the US, for example, the Feder
    Read More
  • Construction materials and road design in East Africa
    June 25, 2013
    An envisaged shortage in the supply of angular rock or crushed stone in Tanzania and a determination to conserve the environment by Kenyan authorities dictated the engineering design of a multi-national road linking the two largest economies in Eastern Africa. Shem Oirere reports The cost of buying crushed stone or hiring a site for mining the material and the expenses of moving it from the crushing site to the project area, saw designers opt for an intermediate alignment and discarding of the inner and out
    Read More
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More
  • Banks, builders and Colombian government discuss motorway funding plans
    January 22, 2014
    Banks, builders, pension funds and Colombian government officers are discussing plans to finance around 40 new road concessions worth a combined US$23.86 billion (COP 47 trillion). According to market reports, the winners of these concessions will cover around 25% of their final cost. These funds will be paid in the first two years of each project and the winning firms will look to recoup their investment through road tolls. Banks will cover 30% of the cost via 12-18 year loans. The national development ban
    Read More

Highlighted Content