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

  • FIEC head Willemen welcomes EU Fund for Strategic Investments
    December 3, 2014
    The European Construction Industry Federation (FIEC) has welcomed the European Commission’s latest financial package to boost infrastructure investment in southern Europe.
  • Great opportunities in Asia, conference goers are told
    January 23, 2014
    Asia’s emerging economies will be building roads for the next two decades, delegates at a recent Argus Asian Bitumen conference in Singapore heard. That means there are big opportunities for suppliers of bitumen, related technology and risk management companies - Kristina Smith reports One of the strongest messages to emerge from the Argus Asian Bitumen conference held in Singapore earlier this year is the sheer volume of road building planned in the region. For many countries there are political and finan
  • German road projects finding funding
    September 29, 2016
    Financing has been found to fund road construction work in Germany. In all some €2.1 billion has been sourced by the German Government to help pay for 24 road upgrade and construction projects in the country. Of this funding stream some €314 million is being utilised by the southern German state of Bavaria. The road authorities in Bavaria plan to use the financial resources to pay for upgrades to two stretches of Autobahn and five sections of Bundestrasse.
  • Pakistan’s road development plan
    November 1, 2021
    Pakistan has set out plans for road development.