He said that the company realizes a project on electrification of the part of railway Samarkand-Bukhara, which will organize high-speed railway communication between Tashkent and Bukhara.

Ismatullaev noted that realization of the project stared a week ago and added that development of the project is underway. He said that bearings are installed at the railway sites. Over 400 employees of the company are attracted to the work.

Representative of the Uzbek company underlined that about US$400 million will be allocated to implementation of the project. He said that sources of financing were determined by 100%.

He said that the project will allow to create over 700 jobs at construction and 200 jobs at exploitation of the road.

Ismatullaev said that after project completion, two high speed trains will run between Tashkent and Bukhara. At the same time, travel time will be decreased twice – from 7-8 hours to 3.5 hours.

The project will help to cut fuel expenses and decrease impact to environment. It will also allow to incease cargo and passenger transportation.

General manager underlined that the project will create additional convenience for tourists, who plan to visit Tashkent, Samarkand, Navoi and Bukhara.

Sherzod Ismatullaev said Uzbekistan Temir Yollari will complete selection of supplier of high speed trains in 2015 and purchase them at the end of 2015 or in the beginning of 2016.

Currently, High-speed train Afrosiyob is running between Tashkent and Samarkand. Afrosiyob train, produced in Spain by Patentes Talgo S. A., runs at the speed of 250 kmh and passes the 344 km distance between Tashkent and Samarkand in two hours.

Total capacity of the train makes up 257 people. The electricity train consists of two locomotives, 8 passenger cars and one dining-car. The train has VIP, first class and economy class places. The trains can be used by people with limited abilities.