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Economy
03/01/2010
Uzbekistan announces tender on reconstruction of highway A-380
Uzbekistan announces tender on reconstruction of highway A-380
Tashkent, Uzbekistan (UzDaily.com) --
The Government of Uzbekistan announced a tender on reconstruction of highway “Guzar-Bukhara-Nukus-Beinau” (A-380).
It is planned to construct three areas of 4-lanes cement concrete pavement with total extension of 91 km within the project.
Asian Development Bank (ADB) allocated a loan to Uzbekistan for US$75.3 million. The loan was issued in April 2008 under the guarantee of the government. The loan was allocated for 24 years with four-year period. Interest rate is LIBOR plus 0.2%. Uzbekistan will also invest US$98.2 million to the project.
The loan will be directed at purchasing modern road construction equipment, carrying out construction work and managing project.
The project with total cost of US$173.5 million envisages reconstruction of 131 km of national highways.
A-380 highway with extension of 1,204 km is part of transit corridor, which links Uzbekistan with Afghanistan and Turkmenistan in south and Kazakhstan in north.
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