China is planning to build a transport hub in Uzbekistan. The Chinese logistics company Shenzhen Neptune Logistics announced plans to contribute approximately fifteen million dollars to that end. It is not the first foreign company to take this step, as German company Rhenus earlier announced similar plans. The Chinese investments were announced at a meeting […]
Category: Uzbekistan
EU to invest 10 billion euros in Middle Corridor
The European Union is allocating 10 billion euros for the development of the so-called Middle Corridor. It has identified 33 infrastructure projects to be financed, among which are many rail projects. The EU hopes to create an alternative transport route that circumvents Russian infrastructure. The currently allocated 10 billion euros will be spent on infrastructure […]
Kyrgyzstan struggles to find money for CKU line construction
Kyrgyzstan is looking for money to build its part of the China-Kyrgyzstan-Uzbekistan (CKU) railway line. In an interview about the country’s debt situation, the president reassured the people that no unfeasible loans would be taken. Where the money for the CKU line is going to come from remains unclear. While Kyrgyzstan is willing to take […]
Kazakhstan registers rail freight growth in all directions
Kazakh rail freight volumes in the directions of China and Uzbekistan reached significantly higher levels throughout 2023 as compared to 2022. Moreover, rail freight in the direction of Russia grew by 3,2 per cent. The positive developments are attributable to the coordination of the involved parties, according to Kazakh Railways. Export to Russia grew by […]