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Economy 31/07/2024 Uzbekistan’s Ministry of transport and South Korea’s Eximbank discuss joint projects
Uzbekistan’s Ministry of transport and South Korea’s Eximbank discuss joint projects

Tashkent, Uzbekistan (UzDaily.com) -- On 30 July, Deputy Minister of Transport Jasurbek Choriev met with a delegation led by Kang Sangjin, Director of the Eurasian and Middle Eastern Department at the Export-Import Bank of Korea (Eximbank). 

During the meeting, the parties discussed prospective projects aimed at developing Uzbekistan’s railway transport and infrastructure.

They exchanged views on the implementation of these projects with financial support from the bank. 

Particular attention was given to the current status of the project for the delivery of six high-speed electric trains to Uzbekistan and the development of project documentation for the construction of the Tashkent-Samarkand high-speed railway.

Uzbekistan Railways signed a contract to purchase the electric trains from Hyundai Rotem. The contract signing took place in June 2024 during the visit of the President of the Republic of Korea to Uzbekistan.

The contract for the supply of electric trains by Hyundai Rotem is valued at US$195.7 million. Under this contract, Hyundai Rotem will supply six high-speed electric trains with a total of 42 cars, as well as provide maintenance and repair services for the trains.

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