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

  • Major Indonesian highway projects moving ahead
    December 13, 2018
    A series of major highway projects are now moving ahead in Indonesia. One of the projects is for part of the Trans-Java Toll Road. Work is now starting to build the route and this new 759km toll road will connect Surabaya and Jakarta. Construction is already underway on building the Bogor-Ciawi-Sukabumi Toll Road or Bocimi linking West Java's Ciawi with Cigombong.
    Read More
  • New elevated highway project for Sri Lanka
    October 1, 2018
    Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
    Read More
  • Kenya highway projects starting
    March 11, 2019
    Construction work is starting on two important road projects in Kenya. These are for the Dongo Kundu Southern Bypass and for the Mau Highway. The Mau highway project is worth US$2 billion and forms part of the route that links Kenya’s key port at Mombasa through its capital Nairobi to the border with neighbouring Uganda. The 180km Nairobi-Nakuru-Mau section of the A104 route will feature two lanes in either direction. The deal is being handled under a package that includes design, financing, maintenance a
    Read More
  • Philippine projects central to Southeast Asia infrastructure plan
    January 19, 2015
    Several major road works are among 15 public-private partnership projects in the Philippines tagged by the World Bank as essential for improving transport in Southeast Asia. The list includes the US$3.4 billion Plaridel Bypass toll road, the $354 million North Luzon Expressway East Expressway, the $171 million Central Luzon Link Expressway-Phase II, as well as the $52.5 million improvement, operation and maintenance of Kennon Road and Marcos Highway. All of the projects, which include major airport an
    Read More

Highlighted Content