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

  • Innovative road/drainage tunnel plan for Jakarta
    February 16, 2015
    An innovative combined road and drainage tunnel is being proposed for Indonesia’s capital Jakarta. A study is underway at the moment for this novel integrated tunnel project, which is expected to cost in the region of US$1.88 billion. Work is due to commence during 2015, with the initial phase of the construction being carried out by Antaredja Mulia Jaya. The project is calling for two 12km tunnels that will help alleviate flooding in the city during periods of high rainfall as well as featuring a road. The
  • New financing securing Costa Rica road building
    September 21, 2015
    A series of loans from the Inter-American Development Bank (IADB) will help finance transportation projects in Costa Rica. Totaling around US$1 billion, the loans will allow a substantial package of works to get underway. This will be of major importance to Costa Rica as it will unlock several key road and transport projects so far held back by the availability of suitable funding. However, the Costa Rican authorities have yet to announce all the road projects intended for construction. So far only three hi
  • US$4 billion for road expansion in Vietnam
    May 21, 2024
    US$4 billion investment is planned for road expansion in Vietnam.
  • New funding helping Nepal plan for road development
    January 5, 2016
    The Nepalese Government is planning to spend a healthy US$ 1.3billion on developing major infrastructure projects. New roads and highways as well as energy projects are being prioritised. Funding will be provided jointly through the World Bank and the US Government body the Millennium Challenge Cooperation (MCC), as well as the Government of Nepal. The Kathmandu-Tarai Fast Track project has been suggested as a top priority. One-third of the funding will come from the World Bank, MCC and government while the