Wednesday, 22 June 2005

KUWAIT FUND TO FINANCE UZBEK RAIL PROJECT

Published in News Digest

By empty (6/22/2005 issue of the CACI Analyst)

The Kuwait Fund for Arab Economic Development (KFAED) will provide a $21 million loan to electrify the 115-kilometer railway linking Tashkent and Angren. The agreement was signed during a visit to Uzbekistan by Hisham Al-Waqayan, KFAED\'s deputy director for operations and distribution. In the course of his visit, Al-Waqayan met with Uzbek Finance Minister Saidahmad Rahimov and Uzbek railways head Ochilboy Ramatov.
The Kuwait Fund for Arab Economic Development (KFAED) will provide a $21 million loan to electrify the 115-kilometer railway linking Tashkent and Angren. The agreement was signed during a visit to Uzbekistan by Hisham Al-Waqayan, KFAED\'s deputy director for operations and distribution. In the course of his visit, Al-Waqayan met with Uzbek Finance Minister Saidahmad Rahimov and Uzbek railways head Ochilboy Ramatov. The railway electrification project is slated for completion in 2008. (UzA)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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