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

  • STRABAG wins Uganda road contract
    February 13, 2020
    Contractor STRABAG is to rebuild a section of road in Uganda.
  • EBRD cash for tourist roads in Albania
    June 16, 2023
    The European Bank for Reconstruction and Development said part of the goal is to allow tourism to continue beyond the traditional summer months.
  • Addressing road safety issues worldwide
    February 27, 2012
    Actions are planned on road safety but are they enough? - *Charles Melhuish and *Alan Ross report. Deaths and injuries on the world's roads are now a major health concern. Road crashes now cause around 1.3 million deaths and injure or disable as many as 50 million persons globally each year. The vast majority of these deaths and injuries (over 90%) occur in low- and medium- income countries adding to their already overburdened health facilities as well as adversely affecting economic and social development
  • New road planned to help cut congestion in Nicaragua’s capital Managua
    June 9, 2017
    A series of road projects planned for Nicaragua’s capital Managua will help cut congestion at peak periods. Five separate projects are planned, with a total cost in excess of US$353 million, with the key link being the 16km bypass from Ticuantepe to Nejapa.