IsDB and OPEC Fund allocate over $148 mn for Uzbekistan's M-39 motorway project

02.05.2024

Uzbekistan secured financial support for the reconstruction of a crucial segment of the M-39 motorway through agreements with the Islamic Development Bank (IsDB) and the OPEC Fund for International Development. The IsDB will provide a loan of $106.7 mn, and the OPEC Fund will contribute $41.7 mn. Both loans have a term of 20 years, which...