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

  • EIB loan for Tunisia road project
    December 6, 2016
    A new road and viaduct project is planned for Bizerte in Tunisia. The project will be paid for through a loan worth €123 million agreed with the European Investment Bank (EIB). The project includes building a 9.5km road section and a 2km viaduct that will span the entrance to Lake Bizerte. Once the link is in place it will help reduce congestion as well as exhaust pollution close to Bizerte. The existing bridge is no longer able to meet traffic demands but the new structure will feature two lanes in either
    Read More
  • Bangladesh elevated expressway contract awarded
    November 22, 2021
    The contract for an important Bangladesh elevated expressway contract has been awarded.
    Read More
  • US$2.5 billion boost for Cameroon
    May 20, 2024
    A US$2.5 billion investment will boost Cameroon’s development.
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More

Highlighted Content