Ebrd Allocates $150 Million for Infrastructure Development in Tajikistan

EBRD allocates $150 million for infrastructure development in Tajikistan AKIPRESS.COM - The European Bank for Reconstruction and Development(EBRD) has allocated a loan to support development of transport infrastructure in Tajikistan.

According to the EBRD Dushanbe Resident Office, a $150 million loan by the EBRD will finance the construction of a 44-kilometer stretch of the M41 road, the main transport corridor in the country linking Tajikistan with Kyrgyzstan, Kazakhstan and China. The investment complements funding by the Asian Development Bank and the Asian Infrastructure Investment Bank, which 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.

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