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

  • Poland bidders angry over Astaldi win for Warsaw Ring Road work
    June 18, 2015
    Four groups that made bids for building the southern section of the Warsaw Ring Road have filed complaints about how the national road authority GDDKiA chose Astaldi as the winner. Companies appealing to the National Board of Appeal (KIO) are Impresa Pizzarotti, Porr Polska, Salini Polska and IDS-BUD. The offer made by Italian company Astaldi was at least 25% less than the estimated €391 million cost of the project, according to Polish media reports. World Highways reported in February that Astaldi
    Read More
  • Work underway on key bridge in Vietnam
    October 30, 2013
    Construction work is underway on a key bridge connection in Vietnam. The Cao Lanh Bridge is located in Vietnam’s Dong Thap Province and its construction is costing an estimated US$145 million. The bridge will span the Tien River and the link is expected to open for traffic in 2017. The structure is designed to carry six lanes of traffic, with provision also for cyclists and pedestrians. Once complete it will connect Lap Vo District with Cao Lanh Town. Funding for the bridge project has been provided jointly
    Read More
  • Slovakia to tap into the European Fund for Strategic Investment
    December 4, 2014
    The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI). European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy. The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More

Highlighted Content