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Economy 12/10/2023 Uzbekistan to purchase 6 high-speed electric trains from South Korea
Uzbekistan to purchase 6 high-speed electric trains from South Korea

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan will purchase 6 high-speed electric trains from the South Korean company Hyundai Rotem.

This is envisaged by the resolution of the President of Uzbekistan “On measures for radical reform of the railway transport sector of the Republic of Uzbekistan.”

Uzbekistan will receive a loan from the South Korean Economic Cooperation Development Fund in the amount of 185 million euros. The loan repayment period is 35 years.

The loan has a 10-year grace period and is attracted at an interest rate of 0.1% per annum.

It should be noted that Uzbekistan currently uses high-speed electric trains from the Spanish company Talgo.

 

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