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China Exim Bank provides $115 million for Ring Railroad around Tashkent in 2017 (Linked to Record ID#72174)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Uzbekistan |
| Country | Uzbekistan |
| Start Date | Jan 01, 2017 |
| End Date | Jun 23, 2028 |
| Duration | 4,191 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 54146 |
Grant Description
China Exim Bank provides $115 million for Ring Railroad around Tashkent in 2017 On May 19, 2017, China's Export-Import Bank provides a loan of $115 million USD to construct an electrified high-speed double-track ring railroad in Tashkent, Uzbekistan. The project will be implemented in stages from 2017 to 2021.
The feasibility study for the project would be completed by October 1st, 2018.
The total cost of the project is $320.1 million, which includes the Eximbank loan, $25.3 million USD from the Uzbekistan state budget, $159.8 million USD from investments, and $20 million USD from the Fund for Reconstruction and Development of Uzbekistan. The electrified railroad will be double track and 71.2km in total length, with over 140km of railroads constructed.
The railroad will include 26 stations, 7 minutes between trains, and 10 operational trains.
According to the lex.uz sources (which shows official Uzbek Presidential Decrees), the decree of this project was amended to the project recorded #72174.
Essentially, the language of Chinese Exim Bank providing a loan for the railroad was deleted and amended to provide a loan to a metro line in the same city.
Sources & References
- President approves project to create high-speed ring railroad around Tashkent
- Tashkent electrified belt railway project approved
- Projects implemented at the expense of loans guaranteed by the state and at the expense of FRDU
- China Database
- Construction of an electrified high-speed double-track ring railway in the city of Tashkent.-uzsm, $320-million railroad to be built around Tashkent-roj
- President approves project to create high-speed ring railroad around Tashkent-uzdaily, О внесении изменений и дополнений, а также признании утратившими силу некоторых решений Президента Республики Узбекистан и Правительства Республики Узбекистан, О мерах по реализации проекта «Строительство кольцевой надземной линии метрополитена в городе Ташкенте», О мерах по реализации проекта «Строительство электрифицированной скоростной двухпутной кольцевой железной дороги в городе Ташкенте» Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Uzbekistan
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