BISHKEK, Kyrgyzstan, December 29. A strategic
infrastructure project involving China in Kyrgyzstan is the
construction of the Kyrgyzstan–Uzbekistan railway, implemented with
the participation of China Railway International, Trend reports via the
Eurasian Development Bank (EDB).
China holds a 51% stake in the joint venture. The total volume
of Chinese investments is estimated at $3.53 billion, of which part
is financed through the company’s own funds, while $2.35 billion is
provided in the form of concessional loans from Chinese financial
institutions.
Construction officially started in December 2024, with the
launch of railway operations expected by 2030. The railway line,
stretching over 500 km, more than half of which runs through
Kyrgyzstan, is expected to enhance the country’s transit potential
as part of a transport corridor linking China with the Middle East
and Europe.
Earlier, the Ministry of Transport and Communications of
Kyrgyzstan has completed the procedures for joining the
multilateral permit system of the Transport Corridor
Europe-Caucasus-Asia (TRACECA).
The TRACECA permit grants the carrier, to whom it is issued, the
right to carry out transportation across the territories of all
participating countries in the TRACECA Permit System, along the
specified route, and exempts the carrier from the need to obtain
permits required by bilateral agreements on international road
transport between the respective countries participating in the
TRACECA Permit System.
