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

  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More
  • ADB’s US$150mn loan will help pay for Azerbaijan’s Masally-Shorsulu highway
    February 11, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million. Reconstruction of all Azerbaijan’s highways is set to cost at least US$38.2billion (AZN 29.
    Read More
  • Azerbaijan highway investment
    April 7, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million.
    Read More

Highlighted Content