The Asian Development Bank (ADB) has approved the following grant and loan administration project:

Description

The project will restore a more than 100 kilometer stretch of road between northern Tajikistan and Uzbekistan, including financing safety improvements, a border post upgrade, building better feeder roads, and community training. The measures will strengthen regional connectivity, cut transport costs, and support trade and economic growth opportunities along a critical Central Asia Region Economic Cooperation transport corridor.

Amount 

$100 million grant from ADB's Asian Development Fund and $14 million loan from the OPEC Fund for International Development, to be administered by ADB.
 

 
This page was generated from http://www.adb.org/news/briefs/central-asia-carec-corridor-6-road-improvement-project on 05 August 2015