The Asian Infrastructure Investment Bank (AIIB) has approved a loan of $165.5 million to Uzbekistan to improve the road efficiency, safety and climate resilience of major cross-border roads in the Bukhara region.
The country’s road network plays an important role in transporting goods and passengers in Central Asia. However, road infrastructure in Uzbekistan is faced with insufficient investments to meet the need for infrastructure upgrades to sustain growing traffic demand. The Government of Uzbekistan has identified the modernization of road transport as a priority development area. It is securing funds to fill the financing gap to support road construction and improvement.
To address this financing need, the Bukhara Road Network Improvement Project Phase 1 will support the rehabilitation and maintenance of a 78-kilometer (48-mile) section of the international road A380 in the Bukhara region. The project is expected to directly benefit about 247,000 people who resi
