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

  • New CIS highway connection planned
    August 19, 2016
    Plans are being set out for an important new highway link in the CIS. This new link will connect the M-5 and M-7 highways, close to the city of Ufa and the project is expected to cost US$1.12 billion to carry out. The work will require the construction of a tunnel stretch carrying four traffic lanes, as well as two highway sections and an overpass in the city itself. Ufa is the capital of the Republic of Bashkortostan, which is part of the CIS. The city is linked to Russia’s capital Moscow by the M-7 highwa
    Read More
  • Peru’s Matarani – Punta de Bonbon Highway
    January 5, 2016
    A major new highway project in Peru will improve connectivity for the Arequipa region - Mauro Nogarin writes Peru’s Matarani-Bonbon road project is an important route and forms part of the Camana - Dv Quilca - Ilo - Tacna highway project. The road stretches through several provinces in the Arequipa region. The deadline for completing the work is 720 days after January 2015, and it is scheduled to be completed by December 2016. Progress has been good and as of July 2015, it was 80% completed. The main
    Read More
  • Indonesia focusing on strategic toll road construction
    November 4, 2020
    Indonesia is focusing on developing strategic toll road construction projects.
    Read More
  • Mozambique’ new bridge opens to traffic
    November 14, 2018
    Mozambique’s new suspension bridge connecting Maputo with Catembe is now open to traffic. The suspension bridge is the longest of its type in Africa, measuring almost 3km-long and surpassing the previous holder of this accolade, the Mapati Bridge in the Democratic Republic of Congo. The new bridge spans Maputo Bay and forms part of a new highway connection running from Mozambique’s capital, Maputo, all the way to the border with South Africa. The route will be of major benefit for Mozambique, helping to boo
    Read More

Highlighted Content