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

  • Italy's five-year infrastructure plan
    May 14, 2012
    A five-year plan for infrastructure development is being called for in Italy. Italian banking group Intesa Sanpaolo says that €250 billion of infrastructure work, including road and airport improvements, will help boost the country’s economy. The bank says that private sources could provide much of the funding.
  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
  • Successful resurfacing at New York's JFK Airport
    February 8, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
  • Successful resurfacing at New York's JFK Airport
    May 3, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.