Stay up to date with the latest news
Subscribe to our telegram channel
Economy
28/10/2009
Uzbekistan Temir Yollari wins tender to construct railway in Afghanistan
Uzbekistan Temir Yollari wins tender to construct railway in Afghanistan
Tashkent, Uzbekistan (UzDaily.com) --
Uzbekistan Temir Yollari (Uzbekistan Railways) state joint stock railway company won a tender on construction of railway Hairatan-Mazar-e-Sharif with the extension of 75 km. This was announced at the 51st session of the Council on railway transport of the CIS, which is taking place in Uzbekistan.
The Uzbek company said it is planned to sign a contract for US$170 million by the end of 2009 and the project will be implemented by the second half of 2010.
The project will be financed due to grant of the Asian Development Bank (ADB) for US$165 million and own resources of Afghanistan Government for US$5 million.
Uzbekistan, Afghanistan, and the ADB have signed a Memorandum of Understanding (MOU) to expand trade and economic opportunities through railway transport in November 2008.
Uzbekistan prepared feasibility study of the project on railway between Hairatan and Heart through Mazar-e-Sharif. It is planned to supply several locomotives, construct cargo terminal in Mazar-e-Sharif and some other infrastructure objects.
LATEST NEWS