Skip to main content

Uzbekistan road rebuild receives majority WB funding

Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s
January 31, 2017 Read time: 1 min
Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s road rebuild schedule.

Related Content

  • Costa Rica road project delay
    November 29, 2024
    A key Costa Rica road project faces delays and questions.
  • Vietnam planning major transport upgrade programme
    November 23, 2015
    Vietnam is planning a series of major works to upgrade transport in the Central Highlands area. The Vietnamese Government has released plans to spend some US$4.95 billion improving transport infrastructure in the Central Highlands. A significant portion will be used for 12 projects to build and upgrade several sections of national highways. Government funding will pay for a portion of this work, with private sources providing the remaining financing, although further details have not yet been released.
  • Costa Rica road project facing delays?
    May 2, 2019
    A major road project in Costa Rica is now facing delays. The widening project for Route 32 is being carried out by the Chinese contractor China Harbour Engineering Company (CHEC). However the land required for a significant portion of the project has not yet been secured by Costa Rica’s Ministry for Public Works and Transportation (MOPT). It is not now clear whether the road widening work will be completed within the intended schedule. So far just 10% of the work required for the whole project has so fa
  • Road loan deal in Brazil
    March 21, 2012
    The Inter-American Development Bank (IADB) is providing loans worth US$175 million to Brazil’s Espirito Santo Statew. These loans will help finance the planned series of road improvements in the state.