PRESS OF UZBEKISTAN
June 30, 2016
TIME FOR SMOOTH ROADS
By the end of the current year Uzbekistan is planning to disburse more than $174 million of foreign investments channeled by the leading international financial institutions for the development of road system.
It is planned to build and reconstruct 260 km of roads, 135 of which will be covered with asphalt, and 125 km - with cement concrete.
Uzbekistan has catalyzed drawing of foreign credit resources in infrastructure projects in recent years. Over $2 billion will be disbursed in 2009-2018, more than $1.6 billion of which will be channeled by the Asian Development Bank, $167 million – by the Islamic Bank, about $50 million – by Arab Coordination Group, and 200 million - by the World Bank.
Foreign loans will be primarily channeled to the construction of sections of international importance and the National Highway. The level of work will not yield to that of the leading European and Asian countries. With this purpose, the works on different sections of Guzar-Bukhara-Nukus-Beyneu route will involve the German GP Papenburg Baugesellschaft, South Korea\'s POSCO, the Chinese China Road and Bridge Corporation and several Azerbaijani companies.
A total of 1.7 trillion soums (currency rates of CB RU from 30.06.2016, 1$= 2943.46 soums), including the government budget funds, will be invested this year in the construction and reconstruction of roads. The amount of funds for road construction has increased by 56 times this year against 2006, when the number was 31.6 billion soums. The Republican Road Fund alone intends to invest nearly 1.2 trillion soums.
In 2006, construction and reconstruction works were carried out on 90.5 km of two-lane roads.
In 2016, it is envisaged to build and revamp 513 km of four-lane roads, 142 km of which will be covered with cement concrete pavement, and 371 km - with asphalt, funded from all sources of financing.
The Program on Bulding and Reconstruction of Roads for 2019 envisages works on 2,700 km of roads, and construction of seven transport interchanges and overpasses as part of the Uzbek National Highway.
(Source: «Uzbekistan Today» newspaper)