Skip to main content

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.

For more information on companies in this article

Related Content

  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Ethiopian authorities plan new road construction
    September 12, 2013
    A series of new road projects are planned in Ethiopia. One key link will be for capital Addis Ababa. The city authorities are planning work on the road connecting the Inter-city bus terminal with the Lideta Church as well as on the road between St George Church and 18 Mazoria. The work will commence in October 2013 and will take a year to complete. The Road Fund and city authorities will require a budget of some US$397 million to build up to 113km of roads with asphalt surfaces in the 2013/2014 period.
  • Mexico roads and bridges being planned
    November 15, 2016
    Mexico’s Nuevo Leon state will benefit from a budget of US$455.4 million for infrastructure works during 2017. However this is a drop of 16% from the budget allotted for 2016. The funding will be split between road maintenance and building new roads, with a key project being work on the Saltillo-Monterrey-Nuevo Laredo road. Meanwhile the elevated interconnection road linking the Periferico Sur motorway with the Tlalpan toll booth in Mexico City is seen as crucial to helping develop tourism, protecting th
  • India’s rural roads to benefit from new programme
    February 6, 2018
    A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to