Skip to main content

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.

For more information on companies in this article

Related Content

  • Uzbekistan targets of 2,700km of new highways by 2019
    September 30, 2015
    Uzbekistan plans to build around 2,700km of roads by 2019 at a cost of around US$590 million. Around 2,280km will have a bituminous concrete surface and 418km will be a concrete surface. In July, the World Bank said it will grant Uzbekistan a $200 million loan for 25 years towards paying for the $240 million Regional Roads Development project that is scheduled to be completed by 2021, according to UzDaily.uz. Uzbekistan’s government also reported that around 117km roads were built in the first half
  • Loan for Nepal highway project
    December 6, 2016
    A new highway project in Nepal will benefit from a loan provided by the Asian Development Bank (ADB). The loan is worth nearly US$187 million. It will be used to help upgrade the country’s East-West Highway. In addition, the loan will will also be used to improve other key sections of Nepal’s road network. Key stretches of the 45km Bhairahawa-Taulihawa road as well as the 115km Narayanghat-Butwal road will be upgraded. Separate funding from the ADB will pay for technical assistance to Nepal’s Department of
  • Bangladesh infrastructure boost from loan package
    October 2, 2018
    A package of loans from the Asian Infrastructure Investment Bank (AIIB) will help pay for key infrastructure projects in the country.
  • New Tajikistan highway project to start
    April 21, 2021
    A new highway project is planned for Tajikistan.