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

  • Chinese loan to fund Kenya road project
    December 2, 2016
    A loan from the China Exim Bank will help pay for a new road project in Kenya. The loan is being offered to Kenya’s Government and is worth US$227.2 million, around 46% of the sum required for the whole 472km road project. The project is being handled in three phases, with this loan being sufficient for the first 192km stretch that will connect Kibwezi with Kitui, running through Mutomo. This first section will be constructed by Chinese contractor Sinohydro. The second stretch of the project will measure 16
  • Bolivian road funding secured
    February 18, 2021
    Financing has been secured for a series of Bolivian road projects.
  • East Africa’s massive new ring road project
    June 30, 2016
    Plans are being drawn up for a major new highway project in East Africa. Preparations are being made by the authorities in Kenya, Uganda and Tanzania. The 450km ring road route runs around the shoreline of Lake Victoria and will provide better transport connections for Kenya, Uganda and Tanzania, as well as for other near neighbours, particularly Rwanda and Burundi. New border posts will be required, to help increase the flow of traffic between the nations. Although it will be complex, the project will boos
  • Kyrgyzstan road contract
    September 15, 2022
    Kyrgyzstan’s important road project is being planned.