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

  • Tunisian road projects being planned
    February 15, 2016
    Tunisia’s road network looks set to expand now that new funding has been secured. The Tunisian Assembly of the Representatives of the People has agreed two loans from the African Development Bank (ADB) worth a total of nearly US$208 million. These loans are to be repaid over 20 years and will help fund road infrastructure developments for the 2016-2020 period. The work will focus on upgrading classified roads. This includes renovating 719km of roads, building 23 bridges and constructing a 7.3km-long bypass
  • US$3 billion needed for Bangladesh highway widening project
    March 25, 2024
    US$3 billion is needed for the Bangladesh Faridpur- Kuakata highway widening project.
  • US$498 million loan for Costa Rica roads
    February 22, 2024
    A US$498 million loan will help pay for Costa Rica road works.
  • Algeria is opening more sections of highway during 2013
    February 11, 2013
    Algeria’s Ministry of Transport is prioritising highway construction work for 2013. In all 13 motorway projects are due for completion in 2013, of which most will be North-South routes. Links from the new East-West highway to the country’s major ports will also be constructed, as well as a number of new roads to provide better connections to towns and villages in the south of the country. Algeria’s East-West highway is of key importance to the country and runs from the Moroccan border to the Tunisian border