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NEWS AND EVENTS
January 29, 2014
Uzbekistan attracts US$565 million to road construction in 2013
Uzbekistan attracted US$565 million of investment to implementation of projects on construction and reconstruction of automobile roads, the President of Uzbekistan Islam Karimov said at the session of the Cabinet of Ministers of Uzbekistan on 17 January 2014.

Uzbek leader said that construction and reconstruction of road-transport and egineerin-communication infrastructure were conducted with high speed in 2013. Some 530 km of automobile roads of general use were constructed and reconstructed in 2013.

He said that construction and reconstruction of Guzar-Bukhara-Nukus-Beinau road with the length of 141 km, 18 km part of Tashkent-Osh road, 15 km part of Tashkent-Osh road near Qoqand and new roads at Tashkent ring road and Bukhara ring road were completed.

He said that some US$565 million of investments of Republican Road Fund and international financial institutions were attracted to implement these projects.

Uzbek President Islam Karimov said that about US$477 million of capital investments were directed to development of railroad transport communications.

He said that this allowed to modernize 240 km of railroads, produce 550 freight and 30 passenger cars. Uzbekistan carried out works on electrification of Maraqand-Karshi and Karshi-Termez railroads, which is significant for further economic development of southern parts of Uzbekistan.

Uzbek head said that in cooperation with Chinese partners Uzbekistan launched another huge project in transport communication, which will have strategic importance for development of Uzbekistan in future.

President Islam Karimov said that Uzbekistan launched construction of new electrified railroad Angren-Pap with 19 km railroad tunnel, which will link central part of Uzbekistan with Ferghana Valley and help to complete formation of single railroad transport system.

He said that it will also serve as important chain of transnational transport corridor, which will link Europe and Asia.

(Source: Uzdaily.com)


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