Infrastructure development for key eastern nations

The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) are planning to help develop infrastructure in projects in Armenia, Kazakhstan, the Kyrgyz Republic and Tajikistan. From now until 2021, EDB will provide US$1 billion while the ADB will provide $2 billion. In addition, the banks have signed an agreement on additional co-financing of the construction of the North - South motorway in Armenia. EDB will provide $320 million for the project.
March 11, 2016 Read time: 1 min
The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) are planning to help develop infrastructure in projects in Armenia, Kazakhstan, the Kyrgyz Republic and Tajikistan. From now until 2021, EDB will provide US$1 billion while the ADB will provide $2 billion. In addition, the banks have signed an agreement on additional co-financing of the construction of the North - South motorway in Armenia. EDB will provide $320 million for the project.
Finance & Funding

Related Content

  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
    Read More
  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
    Read More
  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
    Read More
  • Papua New Guinea key route upgrade
    October 19, 2017
    Plans are now in hand in Papua New Guinea (PNG) to improve the Highlands Highway, which links Mount Hagen with Nadzab Airport. The work is expected to cost US$700 million and the tender process will open shortly, with construction work timed to commence in the second quarter of 2018. However the project will pose a number of challenges and the improvement works could take as long as 10 years to complete. Funding for the project will be supplied by the Asian Development Bank (ADB).
    Read More

Highlighted Content