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

  • Ferrovial consortium picked for Western Roads Upgrade in Melbourne
    November 3, 2017
    Ferrovial’s subsidiary Cintra is part of a joint venture that has been selected as preferred respondent for the Western Roads Upgrade project in western Melbourne. The State of Victoria awarded the deal to Netflow, a joint venture between Plenary and Cintra with a focus on road projects in Australia and New Zealand. The win includes Ferrovial subsidiaries Broadspectrum and Amey taking charge of maintenance on the project worth nearly US$1.4 billion. The overall contract is for the design, construction and
    Read More
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
    Read More
  • New highways to improve Austria's connections
    March 6, 2012
    A massive highway project will boost Austria's international links. The €933 million Ostergion PPP motorway project is one of the largest PPP projects currently in operation in Europe. The financers of the project are AMBAC and EIB, while the routine maintenance activities are headed by Egis. The project intends to ease congestion Austria's capital, Vienna, improve commuter traffic, enhance road connections between Austria and the Czech Republic and increase safety on congested B roads around the country.
    Read More
  • Ethiopia planning road network growth
    June 11, 2018
    Ethiopia is setting a target of 2020 to complete its road expansion programme. The plan has been to double the length of the country’s road network in the period from 2015 to 2020. At present Ethiopia has around 121,200km of roads, compared with around 100,000km of roads in 2015. But by 2020, the Ethiopian Roads Authority (ERA) aims to expand the network to 200,000km.
    Read More

Highlighted Content