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NEWS AND EVENTS
March 27, 2015
ECONOMY... Uzbekistan to direct US$3.5bn to modernization of roads
The Government of Uzbekistan will direct about US$3.5 billion to modernization of automobile roads in 2015-2019.

The investments will be directed to implementation of the programme on development and modernization of engineer-communication and road-transport infrastructure for 2015-2019. The President of Uzbekistan Islam Karimov approved the programme.

Within the programme, Uzbekistan will construct and reconstruct 2,400 km of roads of Uzbek national highway.

Uzbekistan will also purchase 993 road repairing equipment, 38 sets of asphalt and cement pavement plants.

The programme will be financed due to loans of international financial institutes for US$1.5 billion and resources of the Republican road fund of the Ministry of Finance of Uzbekistan and other sources for US$2 billion.

(Source: UzDaily.com)


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