DUSHANBE, Tajikistan, May 23. The Eurasian
Development Bank (EDB) and the Ministry of Finance of the Republic
of Tajikistan have signed a financing agreement for the
construction of the first section of the Labijar–Kalaiikhumb
highway, Trend
reports via the bank.
The document was signed by Vladimir Yakunin, EDB Director for
the Republic of Tajikistan, and Kahhorzoda Fayziddin, Minister of
Finance of Tajikistan.
Under the signed agreement, the EDB will provide Tajikistan
with concessional financing totaling $18.5 million. This amount
includes $17 million in credit funds and a $1.5 million targeted
grant.
The funds will be directed toward the construction and
reconstruction of a 10-kilometer section of the highway, as well as
the building of three bridges. The implementation of the project is
designed to increase the safety of freight transport, improve
transport accessibility in mountainous areas, and create conditions
for the development of trade, entrepreneurship, and investment in
the country's regions.
The project aims to develop the country's transport
infrastructure and strengthen connectivity between the Districts of
Republican Subordination and the Gorno-Badakhshan Autonomous
Region.
