Government to allocate $40 million for reconstruction of Tashkent-Termez road  

BUSINESS 19:20 / 04.01.2021 761

A government resolution to reconstruct the M39 Tashkent-Termez highway has been adopted, Norma writes.
 
The total cost of the project is $40.711 million, $35.188 million of which will be provided by the Islamic Development Bank. The share of Uzbekistan, including the provision of tax incentives, accounts for $5.523 million. 
 
The repayment of the loan to IDB, as well as expenses related to the payment of interest, including commissions for intermediation and other expenses, will be made from the republican budget.

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