Kyrgyzstan has signed a $3 billion deal for the Makmal-Karakol railway, marking a major step in infrastructure expansion. This project will create jobs, improve transport, and strengthen regional trade connections. This was reported by the railway transport news portal Railway Supply.

Kyrgyzstan has signed a $3 billion deal for the Makmal-Karakol railway, marking a major step in infrastructure expansion. This project will create jobs, improve transport, and strengthen regional trade connections.
Source, photo: caliber.az

Kyrgyzstan Invests in a $3 Billion Railway Expansion

The country’s National Investment Agency, Kyrgyz Temir Zholu National Company, and All American Rail Group Global Infrastructure Partner LLC finalized the agreement. This public-private partnership follows the “Trans-Eurasian Route” initiative, using the “project sandbox” model.

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Talantbek Imanov, Director of the National Investment Agency, emphasized the deal’s significance for the nation’s railway sector. He stated that the $3 billion investment would generate jobs, enhance transport networks, and create long-term economic benefits.

“This railway project expands Kyrgyzstan’s infrastructure, strengthens trade, and improves international competitiveness,” Imanov explained. The initiative enhances logistics and facilitates seamless transportation across regions.

How Kyrgyzstan Benefits from This Railway Project?

All American Rail Group Global Infrastructure Partner LLC, established in 2022, specializes in railway design, engineering, and management. The consortium has completed over 3,000 railway projects worldwide, covering 2,000 kilometers of track.

AARG’s extensive experience spans North America, Europe, Africa, and Australia. Over the past five years, its revenue exceeded $19.7 billion, with an operating cash flow surpassing $2 billion.

This agreement represents a crucial milestone for modernizing the country’s railway network. By leveraging foreign investment, the nation aims to drive sustainable economic growth and strengthen trade connectivity.

Source, photo: caliber.az

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