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

  • Kiribati sees road infrastructure upgrade
    March 2, 2016
    Kiribati is benefiting from major improvements to its road infrastructure. Funding for the road development programme has been provided jointly by the World Bank, the Asian Development Bank (ADB), and the Australian Government. The improved road network on South Tarawa will help boost safety and economic development. The road is a vital shared communal asset for 50,000 people, the entire population of South Tarawa, as it is the lone vehicular transport route on the atoll. The project is seeing the upgrade o
    Read More
  • Road link upgrade for Uzbekistan
    August 9, 2012
    In Uzbekistan a major road link between capital Tashkent and Osh will now be upgraded. US$211 million is being provided by the Uzbekistan Government for the upgrade work, which is required to improve the road surface and also widen the link and allow it to carry heavier traffic. The Asian Development Bank is supplying finances worth $167 million for the road improvement work.
    Read More
  • Philippines project finding funding
    December 20, 2017
    Road in the area around Mindanao in the Philippines will benefit from the provision of a loan worth US$380 million. This funding package is being supplied by the Asian Development Bank (ADB). The loan will be used for the Improving Growth Corridors in Mindanao Road Sector project. This is intended to improve and upgrade up to 280km of roads in the area. A further $123 million is being provided by the Philippines Government for the work, which will cost $503 million in all.
    Read More
  • Congo sources loan for road works
    September 1, 2021
    Congo has sourced a loan for key road works.
    Read More

Highlighted Content