Targeted road loan for Uzbekistan

A targeted road loan will pay for a route upgrade in Uzbekistan.
By MJ Woof July 8, 2020 Read time: 1 min
The AIIB is providing a loan to improve road stretches in Uzbekistan’s Bukhara Region - image courtesy of © Desuz, Dreamstime.com

A loan from the Asian Infrastructure Investment Bank (AIIB) will pay for work to upgrade the A380 route in Uzbekistan. The loan is worth US$165.5 million.

The funding will pay for improvements to a 78km stretch of the A380 running through Uzbekistan’s Bukhara Region. In addition, a number of stretches of the M37 highway in the Bukhara Region will also be improved. This route provides an important international link for Uzbekistan, so the route plays a key role in trade, transport and economic activity for the country.

Roads in Uzbekistan’s Xoraazm Region as well as in the autonomous Republic of Karakalpakstan, which borders with Kazakhstan and Turkmenistan, are also to benefit from improvements that will be paid for by the AIIB loan.

Road Structures

Related Content

  • Angola road and bridge contracts
    April 11, 2017
    Three contracts in Angola are now commencing, which will improve road and bridge links in the country. The three projects will be carried out by two Portuguese contractors, which agreed the deals with the Angolan Government. Conduril will build a bridge in a deal worth US$110 million in the northern Zaire Province. Meanwhile Talhabel has a contract worth $28.73 million to upgrade the road 230 in the stretch between Muriege and Chiluage, which is close to the border with the Democratic Republic of the Congo.
    Read More
  • Chile’s new urban highway link
    May 2, 2022
    Nestling in a valley beside the Andes mountain range, Santiago has a growing population and has suffered from increasingly heavy congestion in recent years, requiring a new urban road link for which safety has been set as a priority for drivers - *iRAP reports
    Read More
  • Funding for Bangladesh highway projects
    December 4, 2018
    Funding worth a total of US$500 million has been secured for two important highway projects in Bangladesh.
    Read More
  • New highway infrastructure planned for Nepal
    March 18, 2014
    Interest is said to be strong for a key highway project in Nepal. The project to build the US$1.02 billion Kathmandu-Tarai Fast Track route has attracted interest from China in the shape of the China Infrastructure Investment Corporation (CIIC) and from India with Reliance Infrastructure, and Shapoorji Pallonji. The 76km highway will commence at Khokana and connect capital Kathmandu with Nijgadh. Should CIIC win the deal it has said it will source funding from China’s Exim Bank. The project has been hit by
    Read More

Highlighted Content