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NUR-SULTAN (TCA) — The signing of an investment agreement between KazAvtoZhol National Company, the Far Eastern Electronic Toll Collection Co., LTD Consortium Company, and Computer Vision Technologies LLP took place on December 24 in the presence of Kazakhstan Prime Minister Askar Mamin in Nur-Sultan, the prime minister’s press service reported. Continue reading
DUSHANBE (TCA) — The Asian Development Bank (ADB) has approved a $110 million grant to Tajikistan to construct 30 kilometers (km) of a highway and 30 km of secondary roads between the towns of Obigarm and Nurobod in the northeast of the country, ADB’s Country Office said on December 6. Continue reading
NUR-SULTAN (TCA) — The Asian Development Bank (ADB) has approved a $167.02 million loan for a project that will rehabilitate and reconstruct 89 kilometers of road between Aktobe and Kandyagash, which will connect major trade routes in Kazakhstan and improve the country’s connectivity, trade activities, and road safety, ADB’s Country Office said on September 30. Continue reading
ASHGABAT (TCA) — Starting from 14 February cars of dark colours are again being stopped by traffic police and towed away to car impounds in Turkmenistan’s capital Ashgabat, independent foreign-based news website Chronicles of Turkmenistan reports. Continue reading
BISHKEK (TCA) — The Eurasian Fund for Stabilization and Development’s (EFSD) delegation visited Bishkek with a monitoring mission to discuss progress of the EFSD-funded investment projects to reconstruct a section of the Bishkek–Osh motor road and commission Unit 2 at Kambarata hydropower plant 2, as well as preparations for the project to reconstruct the Aral–Suusamyr road, the press service of the Eurasian Development Bank (EDB) said on February 12. Continue reading
ASHGABAT (TCA) — Turkmenistan has begun construction on a multi-billion-dollar, cross-country highway project that the gas-rich and largely isolated Central Asian nation hopes will help generate more regional trade, RFE/RL reported. The State News Agency of Turkmenistan reported on January 24 that the Turkmen President’s decree had ordered to start works in January 2019 and to complete the construction of the highway and all facilities in three phases until December 2023. The four-lane highway is projected to link Turkmenistan’s capital of Ashgabat to the city of Turkmenabat near the border with Uzbekistan. The government newspaper Neutral Turkmenistan reported on January 25 that the artery, expected to cost $2.3 billion when completed, will stretch across some 600 kilometers of desert. It is hoped the new highway will boost regional trade by linking with another planned artery linking the capital to the port of Turkmenbashi, on the Caspian Sea coast. The son of Turkmenistan President Gurbanguly Berdymukhammedov, a deputy regional governor, was on hand for a ceremony to mark the launch of construction on January 24. Serdar Berdymukhammedov called the highway an example of Turkmenistan's "great support to the private sector, which is developing rapidly in our country." The road will be constructed by a little-known private company called Turkmen Awtoban, with a loan provided by the national bank. Turkmen state television said the road construction aims to build up cargo transit along key trade corridors leading to Europe and the Middle East.
