Uzbekistan: The Ministry of Transport has secured a US$274m loan from the Asian Development Bank for investment in the construction of a 240km road in Karakalpakstan. Asian Development Bank senior transport specialist Pavan Karki said, “As a landlocked country, Uzbekistan has made regional connectivity a central element of its transport policy. This project will help develop the country's potential as a regional transport and logistics hub between Europe and Southeast Asia, contributing to economic growth.” The road will be part of the Central Asia Regional Economic Cooperation Programme Corridor 2. Uzbekistan Newsline has reported that the project will generate ‘significant demand’ for the country’s cement producers.
