02.11. 2018.
Bishkek
Asian Development Bank (ADB) allocated $ 78 million for the construction of two sections of the North-South Road. This was reported by the press service of the Asian Development Bank on November 2, 2018.
The new project complements financing of the existing one, supported by ADB, to improve regional ties, mobility and economic activity in Kyrgyzstan.
Additional assistance consists of a loan of $ 68.5 million and a grant of $ 9.5 million. The money is intended to improve the sections from Balykchy to the Bishkek-Naryn-Torugart and Kochkor-Epkin highways with a total length of 68 kilometers.
In 2016, ADB approved a loan and a grant of $ 114.35 million for the construction of the North-South road.
Since 1996, ADB has financed 11 road projects and 5 technical assistance advisory projects in Kyrgyzstan worth $ 658 million. With the help of ADB, about 985 kilometers of roads in major regional corridors, including Bishkek-Osh and Bishkek-Torugart corridors, have been rehabilitated and improved.
