Uzbekistan - Spain: Another joint project in the railway sector
07/07/2020 08:22
Uzbekistan - Spain: Another joint project in the railway sector
07/07/2020 08:22
Tashkent, Uzbekistan (UzDaily.com) -- On 6 July, negotiations between the Uzbekiston Temir Yollari and the Spanish company IBERTEST took place in a video conference format.
The meeting’s focus was on the signing of a cooperation agreement within the framework of the project “Implementation of the National Technology Reference Center for Testing Railway Components”.
The online meeting was attended by the Uzbek side - acting Chairman of the Board of JSC "Uzbekistan Temir Yullari" Khasilov H.N. and heads of involved units. The Spanish side was represented by General Director of IBERTEST Jose Garcia, General Director of the Spanish Association of Manufacturers SERCOBE Juan Ramon Duran and Ambassador of Uzbekistan to Spain J. Ganiev.
During his speech, Khasilov H.N. noted the important work done by the Spanish side in the development of the railway industry of the Republic of Uzbekistan. It was emphasized that in order to develop bilateral relations, the Corporate Internationalization Fund (FIEM Fund) under the Ministry of Industry, Trade and Tourism of the Kingdom of Spain is actively working to provide long-term soft loans for the development of the railway sector of the Republic of Uzbekistan.
- A striking example of the work done is the ongoing project between Uzbekistan Temir Yollari JSC and Patentes Talgo SLU to acquire two units of Talgo-250 high-speed trains and four economy class passenger cars, where the FIEM Fund allocated long-term soft loans in the amount of 57.5 million euros for a period of 30 years, including a 10-year grace period at an interest rate of 0.05% per annum, ”said the head of Uzbekistan Temir Yollari JSC.
To further improve the repair base of locomotive-carriage enterprises, to replace obsolete and physically worn-out equipment with modern and energy-saving technological equipment, the parties worked out the issue of attracting FIEM Fund loan funds for the implementation of the project “Implementation of the National Technological Reference Center for Testing Railway Components”.
Specialists of Uzbekistan Temir Yollari JSC with the support of the Embassy of the Republic of Uzbekistan in the Kingdom of Spain on-site studied the advanced technologies in the production of testing laboratories of IBERTEST Advanced Testing Solutions, which meet all international and submitted technical requirements. The testing laboratory will be delivered to the Afrosiyob special high-speed train maintenance workshop.
As part of the videoconference, the parties signed an agreement.
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