“Liteyno-mehanicheskiy zavod” (“Casting and mechanical plant”), a subsidiary of Uzbekistan Railways, plans to increase its freight wagon production to 1200 units by 2019. The plant underwent extensive modernisation, the amounts invested reaching USD 120.2 million. Financing for modernisation project was provided Uzbekistan Railways – USD 71.3 , the Fund for Reconstruction and Development of Uzbekistan –USD
Uzbekistan Railway Data
Afghanistan’s Ministry of Public Works has renewed the three-year contract with Uzbekistan Railways for the operation, maintenance and management of Hairatan – Mazar-i-Sharif railway line – with 75 km of main line and 63 km of loop line- , in northern Afghanistan. The value of the contract is USD 19 million/year, regardless of the volume of
The World Bank’s Board of Executive Directors has approved a USD 195 million IBRD (the International Bank for Reconstruction of Development) loan for the Pap-Angren Railway Project in Uzbekistan. The project development objectives are to reduce transport costs and to increase transport capacity and reliability through the construction of a rail
Uzbekistan Railways plans to invest up to USD 672.7 million in 2015, a 15% increase compared with the previous year. Uzbekistan Railways will get investment capital from the Fund for Reconstruction and Development of Uzbekistan (USD 150.5 million). USD 163.7 million in loans will be obtained from international financing institutions and USD 358.5 will be provided from
Uzbekistan state companies will increase by 15% the volume of investments in 2015. A list of 261 projects in the field of railways, energy and oil&gas has been approved by Presidential decree. Uzbekistan Railways will allocate USD 358.6 million for the construction and modernisation of its network. As part of the
Uzbekiston Temir Yollari State Joint-Stock Railway Company (Uzbekistan Railways SJSRC) has signed a USD 45 million contract with a consortium of Chinese CNTIC (China National Technical Imp & Ex Corporation) and CNR DLRC (CNR Dalian Locomotive and Rolling Stock Co. Ltd) to supply 10 electric freight locomotives. The locomotives will be delivered
Uzbekistan has invested over USD 6 billion in the development of its railway network, extending it by more than 1100 km in recent years, Uzbek President Islam Karimov said in his greeting message to the staff of the Uzbekistan Railways State Joint Stock Company, on the 20th anniversary of the company
Before the end of this year Uzbekistan Railways plans to purchase another ten O’ZEL electric locomotives, produced by consortium CNRLDC (PRC) and Japanese Toshiba, according to the specifications Uzbek railway experts. The acquisition is part of the project “Uzbekistan Railways locomotive fleet renewal” which provides for more than 20 O’ZEL freight locomotives with participation of
Uzbekistan’s President Islam Karimov has signed a presidential decree for the establishment of Kurilishmashlizing leasing company. According to the decree, the Ministry of Finance will own 45.45% of the new company’s shares. Uzbekistan Railways will have 6.82% stake in the company. Other stakeholders are Turkey’s National Bank for Foreign Economic Activity, Asaka State Stock
Uzbekistan Railways presented a status report on its locomotive fleet renewal project. The company fleet includes 100 electric locomotives, 242 linehaul locomotives and 258 shunting locomotives. Currently Uzbekistan Railways is fulfilling the tasks defined of the Presidential Resolution dated 13 March “Uzbekistan Railways locomotive fleet renewal” which provides for the
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