Skip to main content

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.

Related Content

  • Ghana receives highway boost
    February 15, 2012
    A World Bank loan worth US$400 million will help complete construction of four key highway links in Ghana. New Highway connections from capital Accra will be completed by the end of this year.
  • Ireland road advisory contract award
    December 19, 2023
    An Irish road project advisory contract has been awarded.
  • Conference highlights Mexico's highway investment
    February 27, 2012
    At the recent PIARC World Road Conference in Mexico City the country’s president, Felipe Calderon, made a keynote opening address. Calderon emphasised that infrastructure investment and expansion forms a crucial component in the country’s future economy and as such, has been a priority for his administration. Calderon took office in 2006 and by the end of this year Mexico will have built or rebuilt some 19,000km of roads and highways in the country. Due to its proximity to the US, Mexico is highly dependen
  • Ethiopia road project secures funding
    August 9, 2019
    A road project in Ethiopia is benefiting from a financing package worth US$98 million being provided by the African Development Bank (AfDB).