Skip to main content

World Bank finances Uzbekistan road development

The World Bank will grant Uzbekistan a US$200 million loan for 25 years, including a grace period of five years. The funds will go towards 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 of this year.
July 7, 2015 Read time: 1 min
The 2332 World Bank will grant Uzbekistan a US$200 million loan for 25 years, including a grace period of five years.

The funds will go towards the $240 million Regional Roads Development project that is scheduled to be completed by 2021, according to %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal UzDaily.uz Visit uzdaily.uz website false http://uzdaily.uz/ false false%>.

Uzbekistan’s government also reported that around 117km roads were built in the first half of this year.

For more information on companies in this article

Related Content

  • New conference plans for European road directors
    October 30, 2013
    Plans are in hand for the Conference of European Directors of Roads (CEDR). This event is now run every four years, with this next CEDR conference being the third to be held. The governing board for CEDR held a meeting in Helsinki and the Road Directors’ association reviewed the final report on the implementation of its previous strategic plan and the formalisation of its next. The CEDR strategic plan 3 (SP3) is to develop the priorities and targets for its next cycle. Each SP determines the structuring an
  • ARTBA launching student video competition for 2015
    February 18, 2015
    The American Road & Transportation Builders Association (ARTBA) is running its annual student video competition. This is set up to challenge students of all ages to produce a two-to-four minute video about America’s transportation infrastructure. World Highways continues to support this competition and has also posted links to those videos from past winners and runners up on its websites in previous years. The ARTBA Student Video Competition is now in its fifth year. The aim of the competition is to raise a
  • McKinsey to present major construction sector report at bauma
    March 3, 2016
    Consultancy McKinsey and Company will launch its report Perspectives on the Construction Equipment Industry in Europe during the upcoming bauma exhibition in Munich. The report will be presented at joint seminar with the CECE – Committee for European Construction Equipment – in the bauma fairgrounds on April 13 when leading McKinsey analysts and CECE officials discuss main trends and challenges facing manufactures and buyers of equipment.
  • Slovakia’s Ruzomberok bypass and tunnel face severer delays
    September 4, 2017
    The bypass around the Slovakian town of Ružomberok, which was supposed to be finished this summer, faces a delay of more than four years. The bypass is part of a 15.2km stretch of the D1 highway between Hubová and Ivachnová. Ružomberok, with a population of around 45,000 including its surrounding area, is in the Liptove region in northern Slovakia. It lies around 260km from the Slovakian capital Bratislava.