| Project Detail |
Project Description
Financing for the construction of a 75 km long detour of the existing section of M41 road between the towns of Obigarm and Nurobod (the "Project"), which is planned to be inundated by the end of 2023. The M41 road is Tajikistans primary east i west road, which connects Dushanbe with the border to Kyrgyz Republic and onwards to Kazakhstan and China. The road is part of the CAREC corridor programme which seeks to expand economic cooperation among the regions neighboring countries and is actively supported by bilateral and multilateral development institutions.
The Project financing is split among three IFIs: (i) a 30 km Section 1 to be financed by a grant from the ADB and a loan from OPEC Fund for International Development ("OFID"), (ii) a 44 km Section 2 to be financed by the EBRD (the "Bank") loan, and (iii) a 760 m automotive bridge construction across the Rogun HPP Reservoir, Section 3, to be financed by an AIIB loan.
Project Objectives
The Project will target one of the key barriers to economic and social development in the country i efficient and reliable functioning of transport corridors. The Projects principal objectives are: (i) the promotion of regional trade via the development of reliable and safe road corridors, (ii) the development of sustainable mechanisms for roads maintenance, and (ii) road safety improvements and improvement of environmental and social operation standards |
