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

  • Colombian highway underway
    September 24, 2021
    A key Colombian highway project is well underway.
    Read More
  • Washington DC’s historic bridge replacement project
    June 11, 2019
    The project to replace a historic bridge in US capital Washington DC is providing major challenges for its builders - Mike Woof writes
    Read More
  • Mozambique government plans US$400mn transborder road project
    September 30, 2013
    The Mozambique government will build a road to link between the country and neighbouring Democratic Republic of Congo (DR Congo), Zimbabwe, Malawi and Zambia. According to Cadmiel Muthemba, the Housing and Public Works Minister, works on the US$400 million project are due to commence from February 2014, with funds for the project provided by a loan extended by Exim Bank of China.
    Read More
  • Ghana road improvements being planned
    July 18, 2018
    A series of road upgrades and safety improvements will be introduced across the network in Ghana. In all US$154 million will be provided in a loan from the World Bank Group's International Development Association (IDA) for a series of road projects. The IDA loan has a 20-year repayment period. The improvement programme calls for improvements and upgrades to 370km of roads in the north of Ghana. Meanwhile new management practices will also be introduced to Ghana’s transport sector in a bid to boost its effic
    Read More

Highlighted Content