Uzbekistan to increase investments to road development by 15% in 2014

Tashkent, Uzbekistan (UzDaily.com) -- The volume of investments, directed at developing automobile roads in Uzbekistan, made up US$647.5 million in 2014 against US$565 million in 2013.

According to Republican Road Fund under Ministry of Finance of Uzbekistan, about US$468 million will be directed to reconstruction of roads, which are part of the Uzbek national highway, with total length of 330 km. About US$225.5 million will be resources of international financial institutions.

It is planned to repair over 360 km of roads of general use of local importance and 1,100 km of inter-economic rural roads for total sum of about US$180 million.

The Republican Road Fund will finance works on repairing roads of general use of local, state and international importance. Reconstruction of the inter-economic roads in rural areas will be financed due to local budgets.