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

  • $165 million for Colombian road project
    August 7, 2025
    A $165 million funding package is helping finance a key Colombian road project.
    Read More
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
    Read More
  • Loans for Albanian roads
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
    Read More
  • Funding for Uzbekistan’s road plans
    October 31, 2014
    The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.
    Read More

Highlighted Content