The construction cost of the China-Kyrgyzstan-Uzbekistan railway is estimated at $4.7 billion. This was stated by the General Director of Kyrgyz Railways, Azamat Sakiev, during a meeting of the relevant parliamentary committee, this is reported by the railway transport news portal Railway Supply.

China to Allocate $2.35 Billion Loan for the Railway Project

According to him, China will provide half of this amount—$2.35 billion—as a loan. The other half should be allocated by the participating countries of the project, based on their shares in the joint venture.

Sakiev also mentioned that Kyrgyzstan has just begun negotiations for the loan with the Export-Import Bank of China and the People’s Bank of China, so the terms and interest rate have not yet been determined.

Earlier, LogiStan reported that in early June 2024, a ceremony was held in Beijing to sign an intergovernmental agreement on cooperation in the joint promotion of the China-Kyrgyzstan-Uzbekistan railway project.

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