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

  • New Kazakhstan highways planned
    May 11, 2018
    New highway bypasses are being planned for South Kazakhstan. The routes will bypass the cities of Shymkent and Sarygash and will feature two lanes in either direction. The projects are costing US$303.5 million in all to construct. A portion of the necessary funding for constrution and operation of these bypasses will be provided via grant from the Asian Development Bank (ADB).
  • Russia's massive road investment continues
    March 23, 2012
    Russia’s road building and upgrading programme is now gathering pace. Russia's Federal Highway Agency plans to bring over 85% of federal roads into conformity with road traffic regulations. The Federal Highway Agency has boosted construction of rural roads by establishing road funds and built over 500km in 2011.
  • ADB bank to help Azerbaijan on more road projects
    April 14, 2015
    The Asian Development Bank (ADB) will lend Azerbaijan US$100 million of the $133 million that the country estimates it will need for road development in 2015-2017. The money is part of the ADB’s $250 million to Azerbaijan for development of energy and transportation infrastructure. Total cost of all the work is around $332 million in total. Within this amount, ADB has earmarked $40 million for development of renewable energy sources. World Highways reported in November that Azerbaijan’s minister of tr
  • Funding issues – delays to Kenya’s major highway project?
    April 17, 2018
    Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,