Japanese loan funding Kyrgz Republic road rebuild

A loan being provided by the Japan International Cooperation Agency (JICA) will help pay for road upgrades in the Kyrgyz Republic. The money will be used to improve and upgrade the Osh-Batken-Isfana highway. The US$100 million loan is to the Kyrgyz Republic Government for a period of 40 years at 0.25%/year, with a grace period of 10 years.
June 6, 2014 Read time: 1 min
A loan being provided by the 3349 Japan International Cooperation Agency (JICA) will help pay for road upgrades in the Kyrgyz Republic. The money will be used to improve and upgrade the Osh-Batken-Isfana highway. The US$100 million loan is to the Kyrgyz Republic Government for a period of 40 years at 0.25%/year, with a grace period of 10 years.
Road Structures Finance & Funding

Related Content

  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
    Read More
  • Montenegro ensuring sound motorway financing
    June 4, 2015
    Montenegro is ensuring it has sound financing in place for the new Bar-Boljare highway that will link it with Serbia. The country has a €687 million loan in place for the project that was provided by China's Exim Bank. The country’s Ministry of Finance is setting out a strategy that will protect it from risk. The loan was provided (in US$) for a 20 year repayment period, with a grace period of six years. However Montenegro’s Ministry of Finance is taking steps to prevent any future currency fluctuations fro
    Read More
  • The Australian Government has set a massive budget for infrastructure investment, including major spending on roads
    May 17, 2013
    The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management
    Read More
  • Uzbekistan road rebuild receives majority WB funding
    January 31, 2017
    Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s
    Read More

Highlighted Content