MINSK, 17 August (BelTA) – The Transport and Communications
Ministry intends to borrow money from the Eurasian Development Bank
(EDB) and the Export-Import Bank of China for the sake of reconstructing
Belarusian motorways, BelTA learned from Head of the Central Office for
Automobile Roads of the Belarusian Transport and Communications
Ministry Aleksandr Golovnev on 17 August.
The official said: “As for international credit resources, we are now working to substitute lost revenues. In particular, we are in intensive negotiations with the Eurasian Development Bank, which is interested in financing [the reconstruction of] the M3 motorway in the section between Minsk and Pleshchenitsy. We intend to launch this project next year.”
In his words, negotiations are also in progress with the Export-Import Bank of China for the sake of raising money to reconstruct the P46 motorway. The project will include the construction of a bypass road in Polotsk and a new bridge over the Dvina River.
The official said: “As for international credit resources, we are now working to substitute lost revenues. In particular, we are in intensive negotiations with the Eurasian Development Bank, which is interested in financing [the reconstruction of] the M3 motorway in the section between Minsk and Pleshchenitsy. We intend to launch this project next year.”
In his words, negotiations are also in progress with the Export-Import Bank of China for the sake of raising money to reconstruct the P46 motorway. The project will include the construction of a bypass road in Polotsk and a new bridge over the Dvina River.
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