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

  • Costa Rica road project planned
    March 9, 2016
    Costa Rica’s Ministry of Public Works and Transport (MOPT) is looking to secure financing for the second phase of its PRVC cantonal road programme. MOPT is hoping to secure the necessary funding from the Inter-American Development Bank (IADB). A loan of US$140 million will be required. The first phase of the project was funded by a $60 million loan from the IADB. This first phase includes the construction of new roads in Mora, Santa Ana, San Mateo, Turrubarres and Zarcero. MOPT hopes to receive funds for th
    Read More
  • Bangladesh elevated expressway contract awarded
    November 22, 2021
    The contract for an important Bangladesh elevated expressway contract has been awarded.
    Read More
  • Tenders being opened in Brazil for highways and tunnel projects
    February 6, 2014
    A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all. The roads include the BR-163, BR-364 and BR-153 in the Central West region, and the BR-476 stretch in the South, in addition to the Rio-Niteroi Bridge in Rio de J
    Read More
  • STRABAG wins tricky Polish project
    May 2, 2012
    Austrian construction firm STRABAG has won a major road contract from Poland’s General Directorate for National Roads and Highways (GDDKiA). The deal is for the construction of a 40km section of the S8 Expressway between Walichnowy and Sieradz Poùudnie, some 240km to the south west of capital Warsaw.
    Read More

Highlighted Content