Uzbekistan plans to attract ADB-loan for US$405m

Tashkent, Uzbekistan (UzDaily.uz) -- Uzbekistan is planning to attract resources of the Asian Development Bank (ADB) for completion of construction of automobile corridor, linking the Central Asian states with Russia and China.

According to Sputnik, the ADB can allocate the resources in the second half of 2016. The resources will be issued in three tranches till the end of 2018.

Representative of the Republic Road Fund told the agency that the project documentation is in final stage of development and the project has been included to the progamme of financing between Uzbekistan and the ADB for next three years.