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NEWS

Uzbekistan to reconstruct a motor road in the country’s east for $265 million

www.timesca.com/
29 August 2013

Until 2016 Uzbekistan will reconstruct the Pungan-Namangan motor road (4P112) in the east of the country for $265 million, according to a decree of Uzbek President Islam Karimov published in local media.

The project will reconstruct the 75-kilometer road which is part of the Tashkent-Osh highway (A-373), replacing the existing two-lane asphalt surface with a four-lane concrete surface. The road is part of a transport ring connecting major cities of Uzbekistan’s Fergana Valley (Andijan, Namangan, and Fergana regions in the east of the country).

A tender to choose a contractor for the project will be announced in the fourth quarter of this year.

The project will be financed through a $220 million loan from the Asian Development Bank (ADB) and $45 million from the Uzbek government.

To date, Uzbekistan has attracted ADB funds totaling $1.1 billion for the construction of its national highway network. The money has been used to reconstruct several sections of Guzar-Bukhara-Nukus-Beinau (A-380) and Tashkent-Andijan (A-373) roads with a total length of 450 km.

Besides the ADB funds, Uzbekistan has attracted $167.2 million from the Islamic Development Bank, $20.4 million from the Kuwait Fund for Arab Economic Development, and $30 million from the Saudi Development Fund.

In May 2009, the president of Uzbekistan approved a program to build a national highway network worth $3.44 billion until 2015. The program plans to build four road sections with a total length of 2,306 km. The program is financed by the Uzbek government ($2.07 billion) and through loans from international financial institutions.