Funding for Uzbekistan’s road plans

The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.
October 31, 2014 Read time: 1 min
The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The 943 Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Japan funding road projects in Tanzania
    June 10, 2013
    Japan is providing funding for infrastructure works in Tanzania. A grant from Japan will fund the construction of the Tazara flyover. Work on the project is expected to begin in July-December 2013. Meanwhile the Japanese Government is also funding a road project close to capital Dar-es-Salaam. This project comprises construction of a new dual-lane bridge in Gerezani as well as widening a 1.3km section of road that lies between the of Kilwa and Kamata intersections. The road will become a dual carriageway. I
    Read More
  • Indonesia: Waskita Raya to develop Bali toll road
    April 28, 2015
    Indonesian state construction firm Waskita Karya said it will be developing the US$2.7 billion Bali toll road project. But the Ministry of Public Works and Housing has yet to approve the 157km project which is in the pre-feasibility study stage. Waskita Karya’s finance director Tunggul Rajagukguk also said the company might seek nearly $1.8 billion of financing this year for not just road projects but also power transmission work. Financing could be around half through bond issuance and the other half v
    Read More
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
    Read More
  • Ethiopia develops road expansion plan
    September 13, 2017
    The Ethiopian Government has set out plans for a major programme of road development work to expand the country’s network. In all 58 road projects are being planned, with the programme having been set out by the Ethiopian Roads Authority (ERA). The plans call for 3,171km of roads to be built in all. These will be constructed in Tigray, Oromia and Amhara, with work commencing shortly and expected to take three years to complete. The Ethiopian Government will spend US$1.5 billion on the work, with a further $
    Read More

Highlighted Content