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The Asian Development Bank has approved a $273.85 million loan to reconstruct and upgrade national roads in Uzbekistan that are vital to regional connectivity. ....
While Uzbekistan’s existing road networks are generally adequate to meet existing capacity and connectivity demands, they are in poor condition and require rehabilitation. ....
The project will electrify the track linking Bukhara, Miskin, Urgench, and Khiva a UNESCO world heritage site in the Khorezm region. It will enable the operation of high-speed trains that run at up to 250 kilometers per hour, cutting travel time between Bukhara and Khiva by up to two hours, and making the journey to Khiva from the capital Tashkent possible in seven hours.“Reliable and safe transport infrastructure is a key driver of economic growth, particularly in double landlocked Uzbekistan,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “ADB’s project will help create an economic corridor linking the heritage-rich Khorezm region to the rest of Uzbekistan, supporting the recovery in tourism from COVID-19, and further establishing the country as a regional transit hub.”Source: InternetThe project is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 2, which links the People’s Republic of China to Europe via Central Asia. It wil ....
The Asian Development Bank has approved a $162 million loan that will electrify 465 kilometers of railway line connecting major urban centers in western Uzbekistan, improving railway services and boosting trade and tourism in the region. ....