Monday, 20 March 2006

KYRGYZSTAN TO BUILD RAILWAY LINK TO CHINA

Published in News Digest

By empty (3/20/2006 issue of the CACI Analyst)

Kyrgyzstan has a big stake in launching the construction of a railway link to China. \"But before the construction is launched, a decision must be made in principle, a feasibility study drawn up and funding provided,\" Kyrgyz Prime Minister Felix Kulov told the Cabinet on Monday. \"A group of investors are prepared to put money into the project if Kyrgyzstan and China come to terms on when the construction will begin,\" the prime minister said.
Kyrgyzstan has a big stake in launching the construction of a railway link to China. \"But before the construction is launched, a decision must be made in principle, a feasibility study drawn up and funding provided,\" Kyrgyz Prime Minister Felix Kulov told the Cabinet on Monday. \"A group of investors are prepared to put money into the project if Kyrgyzstan and China come to terms on when the construction will begin,\" the prime minister said. \"Prior to drawing up a feasibility study, talks must be held with the World Bank to secure a soft credit. And then ways of repaying the credit must be discussed with investors,\" Kulov said. Transport and Communications Minister Nurlan Sulaimanov said \"the construction of a 268-kilometer railway is estimated at some $1.3 billion and is to last for six years.\" \"To get started, an agreement must be signed with China and a route negotiated. The railway could run through southern Kyrgyzstan and further to Uzbekistan, or through Kyrgyzstan\'s northern part towards Kazakhstan,\" Sulaimanov said. (Interfax)
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