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

  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
    Read More
  • Bolivia’s latest highway project is underway
    May 29, 2018
    Bolivia’s new highway project will improve connections with Brazil and Chile – Mauro Nogarin reports. Work is underway on Bolivia’s new Rurrenabaque – Riberalta highway project, which will boost connectivity for the country. The project is being coordinated by the Bolivian Highway Administration (ABC), with an Eximbank loan of US$579.4 million providing the financing for 85% of the work. The remaining 15% of the funding will come from the Beni Department’s budget, where the route is being built. Located in
    Read More
  • Riyadh’s transport infrastructure upgrade programme
    August 29, 2013
    IRF chairman and mayor of Riyadh, Eng Abdullah A Almogbel, discusses the city’s massive infrastructure investment and the pressing need for this development work Saudi Arabian capital Riyadh is fast growing with a pressing need for additional transport infrastructure resulting in a massive investment programme. The oil industry has fuelled Riyadh’s rapid expansion from being a medium sized town just 100 years ago, to its status as a major city today. With the explosion in vehicle use during the 20th ce
    Read More
  • Deutz secures new syndicated loan to bolster finances
    July 9, 2012
    German engine manufacturer Deutz has replaced its existing funding arrangements with a new syndicated loan. The working capital facility totalling €160million is being provided by a syndicate of German banks. The credit line is unsecured and runs until June 2017. In addition, Deutz has received a low-interest loan amounting to €90 million from the European Investment Bank. This loan, which is also unsecured, is repayable over a period of eight years with a grace period of two years. Deutz has hedged the in
    Read More

Highlighted Content