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

  • Key Kenya road project stalled
    December 4, 2023
    A key Kenya road construction project has stalled.
  • Colombia: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
  • Ghana road project receiving funding
    February 24, 2020
    An important road project for Ghana is receiving funding.
  • Not out of the woods yet, PPRS speaker tells delegates
    February 24, 2015
    The financial crisis may be easing but the geopolitical situation will continue to hamper heavy equipment sales for some years yet, according to David Phillips, head of Off Highway Research, based in the UK. Gone are the heady days of pre-2007, “when it was unbelievably easy to get credit” to buy machinery, Phillips told delegates during his presentation on day two of the Pavement Preservation and Recycling Summit in Paris this week. North America alone counted for up to half of world demand for equipment w