Chinese funding for Kyrgyzstan route

A loan worth US$400 million will help fund construction of a new highway in Kyrgyzstan. The Eximbank of China is providing the loan to the Kyrgyzstan Government of Kyrgyzstan for a 20 year period, with a grace period of 11 years at an interest rate of 2%. The project is for the construction of the new North - South route. The project includes a 1.7km tunnel, which is expected to cost some $150 million.
December 2, 2013 Read time: 1 min
A loan worth US$400 million will help fund construction of a new highway in Kyrgyzstan. The Eximbank of China is providing the loan to the Kyrgyzstan Government of Kyrgyzstan for a 20 year period, with a grace period of 11 years at an interest rate of 2%.  The project is for the construction of the new North - South route. The project includes a 1.7km tunnel, which is expected to cost some $150 million.
Finance & Funding Road Structures

Related Content

  • Serbia’s road network may benefit from major Chinese investment
    September 27, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
    Read More
  • Major Chinese road tenders are opening for bids
    October 26, 2023
    Major Chinese road project tenders are now opening for bids.
    Read More
  • Turkish tunnel being built
    November 29, 2016
    The New Zigana Tunnel project in Turkey is currently under construction and is expected to cost up to US$1 billion in all. When complete this tunnel will measure an impressive 14.5km long. The two lane tunnel will connect Gumushane and Trabzon in the country’s north east, and will be located at an altitude of over 1,200m above sea level. The construction of the tunnel will replace the existing route over the Zigana Pass, which reaches an altitude above sea level of 2,032m. Once complete the new tunnel under
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More

Highlighted Content