News
03 February 2020
EBRD, ADB, AIIB finance M41 road project in Tajikistan
In:
Social infrastructure
Region:
Asia-Pacific
The European Bank for Reconstruction and Development has agreed a $150 million loan to finance a road project in Tajikistan.
The funds will be used to construct a 44km stretch of the M41 road, the main transport corridor in the country linking Tajikistan with the Kyrgyz Republic, Kazakhstan and China.
The Asian Development Bank and the Asian Infrastructure Investment Bank are jointly financing the construction of a bypass of the existing section of the M41, which needs to be replaced due to the construction of a hydropower plant in the region.
