Road project for Kyrgyz Republic

Chinese banks are providing US$297 million in loans for road construction in the Kyrgyz Republic. The loan will be used to carry out Phase II of the programme to construct the new North-South road. The project is for the construction of the 96km Aral-Kazarman road and also includes building a 700m stretch of tunnel along the route as part of the works.
June 29, 2015 Read time: 1 min
Chinese banks are providing US$297 million in loans for road construction in the Kyrgyz Republic. The loan will be used to carry out Phase II of the programme to construct the new North-South road. The project is for the construction of the 96km Aral-Kazarman road and also includes building a 700m stretch of tunnel along the route as part of the works.

The Government of China will grant $185.254 million for 20 years with an 11-year grace period and an interest rate of 2%/annum. Eximbank of China will provide another $112.064 million for 25 years with an 11-year grace period and the interest rate of 1.5%/annum.
Road Structures Finance & Funding

Related Content

  • Three year programme for Ethiopia road projects planned
    January 18, 2017
    A new programme of works planned by the Ethiopian Roads Authority (ERA) will see the upgrading and surfacing of 372km of roads in the country. The ERA signed a series of contracts with a number of construction firms, both from Ethiopia and from overseas. The firms that will handle the road building activity are; Ethiopian Defense Construction, China Railway Engineering, China Wuyi, Eney Construction, Yotek Construction and FAL General Contractor. The programme of works is worth close to US$289 million in al
    Read More
  • Turkish firm wins Russia road, bridges and tunnel deal
    August 9, 2017
    A new road project is planned for Ufa, capital of Bashkortostan, which is part of the Russian Federation. A partnership between Turkish contractor Limak Holding and Russian firm VTB Capital will handle the project, which is expected to cost US$570 million. The project will see the construction of a 12.5km long highway and includes the construction of a 1.25km tunnel section as well as 2.6km of bridge stretches over a four year period. The partners have set up a joint business, Bashkir Concession Company, to
    Read More
  • NSW Australia investing in transport
    June 20, 2013
    Australia’s New South Wales (NSW) Government has outlined its massive transportation investment in the WestConnex project. This will be the largest urban transport project in the history of New South Wales. Some A$1.8 billion will be invested over four years from Restart NSW, the state’s new infrastructure fund. to finance the WestConnex project. And A$111 million will be committed in 2013-14 to get work underway on the 33km motorway. The NSW Government will fund the initial sections of the motorway. Privat
    Read More
  • Loans approved for Mali road development
    April 3, 2020
    Loans have been approved for road development work in Mali.
    Read More

Highlighted Content