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

  • Nicaraguan investment
    April 25, 2012
    Loans worth at least US$110 million will help fund road projects in Nicaragua in agricultural areas. The Central American Bank for Economic Integration (CABEI) will provide Nicaragua with a short term loan of close to $61 million for a series of improvements to the national road network, some 11 sections overall. A further $50 million is already available, with another $11 million due in the week commencing 23 November 2011. In addition an extra $50 million will come from the World Bank (WB) and CABEI for r
    Read More
  • Key Kosovo connection for construction
    December 20, 2017
    A loan worth €71 million will help pay for a 30km highway project in Kosovo. .
    Read More
  • Big East Asia backing for Colombo, Sri Lanka expressway and bridge projects
    February 26, 2014
    China Merchants Holdings (International) Company and China Merchants Hua Jian Highway Investment Company have Sri Lankan government approval to build and operate an expressway from the capital, Colombo, to the central part of the country. With the recently won approval, both companies would plan, design, finance, build and operate the first section of the US$4.5 billion Northern Expressway system. The $1.5 billion first section of the expressway will be built in four stages, namely from Ambepussa to Kandy
    Read More
  • Ghana road improvements being planned
    July 18, 2018
    A series of road upgrades and safety improvements will be introduced across the network in Ghana. In all US$154 million will be provided in a loan from the World Bank Group's International Development Association (IDA) for a series of road projects. The IDA loan has a 20-year repayment period. The improvement programme calls for improvements and upgrades to 370km of roads in the north of Ghana. Meanwhile new management practices will also be introduced to Ghana’s transport sector in a bid to boost its effic
    Read More

Highlighted Content