Uzbekistan announces tender on reconstruction of highway A-380 Tashkent, Uzbekistan -- 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.
Posted on: Sat, 22 Jun 2013 11:29:54 +0000
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