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

  • Funding sought for Iraq’s massive proposed road project
    June 15, 2023
    Funding is being sought for a massive proposed road project in Iraq.
    Read More
  • Hungary highways investment plan
    April 15, 2019
    The Hungarian Government has plant to develop the country’s key road network, with a budget of €9.85 billion having been set for upgrade works. This budget will be used from now until 2024. A key focus will be on building new dual carriageways and motorways, with much of the funding coming from the central budget. The programme of works will see the total distance of dual carriageways and motorways in Hungary being extended from 1,300km at present to a total 2,500km once the plan is complete. The M76 dual c
    Read More
  • Bosnia agrees funding for highway construction plans
    March 22, 2012
    Bosnia’s highway company Autoceste Federacije BiH will invest €500 million in the construction of the Corridor Vc road. The European Investment Bank (EIB) will provide a loan of €166 million to part finance the project. The plans call for the construction of the 56km highway as well as an additional 10km of the Sarajevo ringroad. The cost of the project is three times higher than any other that the country has so far planned. Autoceste Federacije BiH has said that it will finance land expropriation.
    Read More
  • Trimble technology could slice a third off the new highway costs in Indonesia’s US$400 billion infrastructure plan
    February 21, 2014
    Cutting-edge Sandvik Construction equipment is said to be giving ambitious Argentinian quarry firm Canteras Amadeo a commercial advantage .Starting life as a one-quarry enterprise in Córdoba, Argentina, in 1999, Canteras Amadeo is a flourishing business with additional operations in Cordoba and Santiago del Estero. Key to its success is said to be its owners’ embrace of technological improvement, and their choice of Sandvik equipment to improve their processes.
    Read More

Highlighted Content