Uzbekistan road improvement programme

Uzbekistan’s road improvement programme is securing financing.
By MJ Woof September 11, 2020 Read time: 1 min
Uzbekistan’s road improvements are continuing, with more financing having been secured - image courtesy of © Desuz, Dreamstime.com
Financing is being secured for Uzbekistan’s road improvement programme. A financial package worth more than US$274 from the Asian Development Bank (ADB) will help to pay for upgrade work to a 240km stretch of road. This road will be widened and improved, reducing journey times on the route connecting Guzar with Buhara, Nukus and Beyneu.
 
This follows on from a recent loan worth $165.5 million from the Asian Infrastructure Investment Bank (AIIB). The loan was directed towards improvements to a 78km stretch of the A380 route in the Bukhara region. The finance package from the AIIB is also helping pay for improvements on certain sections of the M37 highway in the Bukhara Region.
Finance & Funding

For more information on companies in this article

Related Content

  • Indonesia road funding found for two highways
    June 27, 2016
    Financing looks to have been secured for major tolled highway projects in Indonesia. These highways are the 129km Pekan Baru-Dumai route, which forms part of the Trans-Sumatra highway, the 60.5km Cileunyi-Sumedang-Dawuan (Cisumwadu) road and the 39km Manado-Bitung route. A loan from the Asian Infrastructure Investment Bank (AIIB) worth some US$370.2 million is expected to provide around half of the financing required for the Pekan Baru-Dumai route. Meanwhile loans worth a total of $300.2 million from the Ex
    Read More
  • US$ billions for Ivory Coast road expansion programme
    March 14, 2024
    Ivory Coast is investing US$ billions for its road expansion programme.
    Read More
  • Uzbekistan to take out further road building loans
    February 15, 2016
    Uzbekistan will take out a US$405 million loan with the Asian Development Bank in the second half of this year for completion of a motorway from Central Asia to China. ADB will provide three loan in three tranches. Last autumn, Uzbekistan said it will target of 2,700km of new highways by 2019 at a cost of around $590 million. Around 2,280km will have a bituminous concrete surface and 418km will be a concrete surface. Uzbekistan has been setting out a major plan for road repairing, rebuilding and up
    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

Highlighted Content