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

  • Chinese loan for Bangladesh
    August 26, 2021
    A Chinese loan will be used for road works in Bangladesh.
    Read More
  • US$2.8 billion expressway for the Philippines
    November 18, 2024
    A US$2.8 billion expressway project is planned for the Philippines.
    Read More
  • Funding for Uganda highway project
    November 12, 2018
    Funding has been sourced in the shape of a loan for a key highway project in Uganda. The project is for the upgrading of the 95m route between Kampala and Jinja and a loan of US$229.5 million is being provided. The loan is being provided by the African Development Bank (AfDB). In all however the project is expected to cost $1.5 billion. The expressway is an important route for Uganda and will for part of the route connecting the country with Kenya, running through its capital Nairobi to its port of Mombasa.
    Read More
  • Road revamp project planned for Rwanda
    January 5, 2015
    Rwanda looks set to commence work on a major road revamp project. The project is for the construction of the 51km Base-Gicumbi-Rukomo road. Financing for the project is coming in the shape of a loan worth some US$74.7 million from the African Development Bank (AfDB). The Rwandan Government will also provide another $4.6 million for the road project later. The project is part of Base-Nyagatare road project that will connect the Northern and the Eastern provinces, with work likely to start in April 2015. The
    Read More

Highlighted Content