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

  • Hydrogen fuel option planned for California
    May 13, 2014
    A major innovation for California will be the wider availability of hydrogen as a ‘green’ fuel source for motor vehicles. Plans are in hand with the establishment of FirstElement Fuel, a retail hydrogen fuelling start-up business, being part-funded by automotive giant Toyota Motor. FirstElement Fuel is headed by former marketing chief of General Motors Joel Ewanick and is receiving US$7.2 million of funding from Toyota. The funding from Toyota will help with construction of hydrogen fuel stations through th
    Read More
  • Rwanda road building planned
    June 9, 2017
    A US$89.7 million finance package from the World Bank will pay for the construction of a new highway in Rwanda. The project calls for the construction of a 66.5km highway, which forms part of a larger plan to build a 117km route from Ngoma to Nyanza.
    Read More
  • New road projects planned for Uzbekistan
    March 26, 2013
    The Uzbekistan Government is increasing its investment in road infrastructure. This will rise by a factor of 1.4 to US$454 million in 2013 compared to the spending in 2012. One of the main projects will be for repairs to Uzbekistan's national highway. Around $120 million of the budget will be used to rebuild a further 320km of public roads and over 1,100km of rural roads.
    Read More
  • Paving plan for Brazil’s Mato Grosso State
    January 19, 2016
    Plans are being drawn up for a major programme of road paving work in Brazil’s mato Grosso State. The plans are being made the by the state authorities and involve paving around 10,000km of roads by 2018. The work is expected to cost in the region of US$2.48 billion. Because of the scale of the work, this exceeds state funds. Some 530km of roads in the state were paved in 2015, with a plan to pave 930km in 2016. The financing sources for the paving works have yet to be finalised. In addition a number of o
    Read More

Highlighted Content