Tajikistan and ADB Sign a Grant Agreement for Sustainability of the Road Network
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DUSHANBE, 29.12.2020 (NIAT Khovar) – Tajikistan and the Asian Development Bank (ADB) signed a grant agreement for the project titled Sustainability of the Road Network in the amount of more than $72 million.
The project aims to meet the important needs of the region for improving national highways, especially Dangara — Okmazor, and Hulbuk — Kangurt. These sections connect the Asian Highway No. 66 at Dangara and Hulbuk and serve to integrate the major economic centers of the region. The project will be implemented over the next three years.
The agreement was signed by the Minister of Finance Fayziddin Kahhorzoda and ADB representative in Tajikistan Anvar Mahmudov.
The goal of the project is to bring the state of the section of the international road to world standards, ensure road safety and improve international relations within the project, as well as to increase the welfare of the population by providing new jobs during the implementation of the project.
The total cost of the project is $72.9 million, of which $67.4 million will be provided by the ADB and $5.4 million will be Tajikistan’s contribution.